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Non-Tech : The Woodshed

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To: Andrew who wrote (37661)	2/16/2006 6:17:00 PM
From: SwampDogg	Read Replies (1) of 60929

This is nothing like Dec 2003. That was the end of a 3 year bull move and stocks had moved 1000% in many cases. We have now had a nice 7 month rally that came on the heels of an 18 month huge consolidation. Corrections should now be short (this one 2-4 months at the most if that). This bull move over the next couple of years should make 2001-03 look like nothing. This time should be different as it is a Wave 3 just as this time has been different in energy, real estate etc etc. Top callers may be right for days or weeks but should be proven wrong again and again as the metals and stocks go to levels that are beyond absurd. Weaker energy prices (short-term possibility) would be bullish for metals as costs go down and the competition for investment dollars falls as well (investors moving from oil to gold) A lower C$ is unlikely but would be bullish for Canadian mining companies and investors. All in all talk yourself out of the bull all that you want, the market doesn't care. BTW Gold at $600 means $HUI 400 and gold at $600 is way too low for this year IMO. $750 minimum.

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