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Politics : Welcome to Slider's Dugout

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To: SliderOnTheBlack who wrote (1557)5/13/2006 9:26:20 AM
From: longjonsilvers  Read Replies (1) of 50094
 
"Will it be 3 mos, 6 mos, or 2 years from now ?
It matters not."

isnt that the point? it does matter! you have stated that it is more important to find the bottom when risk is at a minimum than to find the top when risk is at the maximum. or did i get that wrong? anyway, assuming you are correct in that (for the sake of discussion), i for one dont want to throw long the dollar at 84 if it is going to continue on down to 80 or less! if i throw long the buck then i want it to be near the bottom- preferably just after the absolute bottom. heh heh. so when is the bottom? its not now imho! at some point you WILL be rite of course - the dollar will be oversold and the bond market will be universally despised - is that now? no imho. in the goldbug community yes, but we are a infintisimal portion of the investment world. a contrarian to the contrarians? well that has made some money in the last few years at times but not consistantly. when your broker friends lauf at you for buying bonds THEN that will be a contrarian move. imho

"Some things never change...and all speculations end the same way."

true, but the top of a speculation can be the most profitable when the masses decide to go long because they cant lose. that has not happened yet in the gold and silver arena. imho. the masses in north america dont even know that this is happening. my neighbors are clueless, however my broker friends no longer laugh and scowl when i mention gold stocks, and some of them are admiring my pf performance! i think we are in the middle stage when the mainstream investment world gets involved and picks up shares from the worrying goldbugs. anyway, shills like crammer can help us get the silver ball rolling into the masses - his tout of a 3$ stock means that the bull is progressing nicely imho. like they sez "ya pays ya money an ya takes ya chances".
hi ho hi ho
its off to work we go
jon
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