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Strategies & Market Trends : Strictly: Drilling II
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To: Frank Pembleton who wrote (28454)2/20/2003 7:18:33 PM
From: mishedlo  Read Replies (6) of 36161
 
Mishedlo... it seems to me you want Slider to make and remake that call over and over again. I suspect he's generous enuff to continually explain it to the thread over and over and over and over and over and over and over and over and over and over and over and over again...

Look
you either believe the charts or not.
you either believe the FA or not.

That is all there is too it.
The long term charts are bullish and gold was in a 20 year bear market. Now after 2 years Slider is calling it over, on the basis of "HE SAYS SO". Aparently so are you and that is your right.

To claim that gold is about "jewerly" is pretty damn naive IMO.

Gold is rising because of
1) Inflation
2) A falling US$
3) A world awash in US$ with a need to put them somewhere
4) Political uncertainty
5) Terrorism

and probably 10 other reason that Jim Willie has outlined.
If you think it is about Jewerly, then I do not think you ever sould have bought it. Was jewerly demand up when you bought gold?

I am not making this post because I accept everything Jim Willie says. I have taken a polite disagreement with him at least twice recently (once on a bad assumption on photographic use of silver). Do I think too many people are expecting too much from gold? Yes I do.

Do I think gold will get back above 400 and gold stocks will follow? Yes I do. Is it an overwhelming % of my port? No it is not. Can gold get to $600? Why not? Really, why not? I am not a lunatic that thinks it is going to $1500, but 450-600 is certainly doable.

More importantly
The charts tell me up.
The FA tells me up.
And Slider and NOW YOU are just getting too emotional about the whole situation DEMANDING that gold stocks fall.
Well if they fall low enough I will add more cause I am not insanely leveraged.

As for me wanting Slider to make that call over and over and over. No I do not. In fact, look at your own board. Half the people here are sick of hearing about it. If you want to shut off all debate on this board, perhaps you should ban everyone and you and Slider can sit back all day and agree with each other. What FN good is that?

I asked a question.
One that was not answered.
Someone else liked the question and wanted an answer.

A very very simple question.
"What is it you do not like about those charts?"
Never got a serious answer.
Now you go talking nonsense about Jewerly.
Absurd if you ask me.

I think there is room for rational debate here, but it appears that at least two people on this board want to shout down everyone else without even being willing to discuss a chart. Can we discuss a chart or not? Can we discuss FA beyond the use of jewerly?

M
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