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Politics : Welcome to Slider's Dugout
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To: RonMerks who wrote (9336)4/23/2008 6:13:48 PM
From: SwampDogg  Read Replies (1) of 50073
 
Quite a rant.

The problem is there is only one side to the story but great bull markets are by their very nature filled with corrections of 20%-30%. Stocks like DELL during the 1995-2000 run had more than 10 corrections of that size. It is the price that one must pay to make the real money. What no guru can do or should try to do is to navigate every one of those corrections. If you pull up a monthly chart of any great bull run from the past I am sure that you would agree that it would be absurd to try and do this. It is a way to trade out of making any money at all during a bull market.
In case you did not know most gold newsletter writers are recommending shorting gold right now so it is the exact opposite of 1980. As is usually the case they may be right for a couple of days or a week and then they will buy back in much higher.
The gold index and individual large miners are all doing what they should do. The ones that needed to hold today were not down at all and the ones that needed to retest did on lower volume. The $HUI may see something in the 401-417 range tomorrow but that should be it.

<<I don't. I don't want just fair weather cheerleading. I want warnings. I want exit calls>>

What you want is gain with no pain
You will never find it...it is part of the deal
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