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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: benwood who wrote (82713)8/5/2008 2:45:06 PM
From: bullbud  Read Replies (1) of 116555
 
I think the story hasn't changed for the longer term and that's still a plus for the bulls. My problem is Jimbo pumps the crap out of it at ANY price and the greenies end up buying at the short term highs. If he's really interested in helping traders, he would call his sells in real time. He only calls his buys and the last two were @960 and 912. That makes about 7 times in a row POG has gone down after his buy. If you were entering for the first time following him, you're pretty pissed right now and running on blind faith.

I added shares yesterday. Obviously a day or two soon, but only slightly down on those and not based on "gold's going to 1650."

Maybe it will. Maybe it won't.

Not to offend any true believers but that's how I see it.
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