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Strategies & Market Trends : Classic TA Workplace

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To: nspolar who wrote (89550)	1/17/2004 6:06:17 PM
From: bcrafty	Read Replies (1) of 209892

nspolar, I was referring to the more general equities that make up the Dow, COMPX and S&P other than PM stocks. And yes, you're correct, you never voiced any bearishness on gold. You maintained your bullish bias on gold and you reaped the rewards of it last year as you rightfully deserved. But I was referring to most of the board bearing bearish on the equity market in general, as I consider PMs in a class of their own that may or may not follow the general market and may do so for different reasons. As to the EW opinions on gold on more public forums, what do you think of Hochberg et al on EWI still being bearish on the sector in the face of the huge rally last year? IMO it permanently undermines their credibility to some extent for them to not admit that the timing of their call was way off, as well as the fact that they currently maintain their longer term bearish bias and have not at least moved to a more neutral stance after they've had chance to do so. Are there any golds you feel are particularly ripe as a long pick based on their daily chart right now, since $HUI breached 220 Thursday?

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