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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: gold$10k who wrote (39949)12/31/2012 11:56:51 PM
From: benwood1 Recommendation  Read Replies (1) of 48092
 
That's a thought provoking chart. In my fuzzy brain, I'm thinking that sort of drop will happen a year from May for the PM complex at least, and it won't be down to the blue line, either, but partway down and then launching into the final bull run. The final run often does not touch the bottom band, right? I guess if I thought about it a bit more, perhaps a big correction in May launching into perhaps the final blowout high, then down to a major low for the PM complex perhaps starting about a 18 months out.

Anyway... If I had a dollar for every time in the past year or so you said it looks very promising today or this week, but probably with one more bottom test, I think I'd have at least ten dollars by now. I should have shoved my whole pile on the retests -g-

I surely appreciate your contribution to the conversation, plus your photos from French cafes and bakeries, too. I finally made it to a few of my own last summer.

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