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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs)
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To: Wally Mastroly who wrote (755)8/25/2003 6:34:26 PM
From: Larry S.  Read Replies (1) of 972
 
Wally,

Very interesting article. I was a Prechter back in 87 when he gave his famous sell rec. Unfortunately, I came home the Saturday from a business trip to Europe and was so tired that I didn't have the patience to get through on his hot line so I missed it. But the next day or soon after he said buy (it had dropped a lot but only a fraction of the eventual drop). Being a believer, I bought thinking I would get back some of what I had lost. It was the biggest mistake of my life. He claims to have called the top but he never mentions the fact that he got his subscribers back in after a small fraction of the drop. I have followed him from a far since and haven't found him to be right any more than anyone else. SO, I would pay more attention to Richard Russell.

FWIW, the is another Elliot Wave guru who is very bullish on gold for the next few years. If can recall his name and find one of his missiles, I will post it.

Cheers,
Larry
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