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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (40944)9/27/1999 12:13:00 AM
From: dynamitehandler  Respond to of 116858
 
I'm tipping a glass of burgundy to all those who have waited, as I have, for this moment of justification.

Good. Now that that's done, let's get on with the butchering!

Die Shorts, DIE!



To: Lucretius who wrote (40944)9/27/1999 12:48:00 AM
From: Claude Cormier  Read Replies (2) | Respond to of 116858
 
<<yes many months before the 1987 crash and after (goldshares collapsed severalmonths before the crash after having blowoffs), but this is not 1987. >>

One must remember that in the 20 months before the 1987 crash, the gold stocks had been in a bull market. Barrick went up 900% in that period. SO the 50% correction during the crash was well overdue.



To: Lucretius who wrote (40944)9/27/1999 1:09:00 AM
From: Roebear  Respond to of 116858
 
Lucretius Taurus,
Hmm, looks like we will have a MOTHER of a short squeeze tomorrow. Ought to inform EMA to have the paddles ready for any shorts who went to bed early and look at their monitors first thing in the morning.

OK, lets play Devils Advocate, what can they pull out of their bag of tricks to save the shorts?
The technical damage to a short on the charts here just looks too great to be countermanded by any low-bellied scum sucking pencil necked geeks. Will this be one of the times when the market forces overwhelm manipulation, like a Hurricanes' waves a sea wall??? Or will they pull out some market rules to save the shorts bacon?? Perhaps it is best if the POG just cools it till NY opens.

Going for ZZZZZZZ's soon, I know I said that before, but this is fun!

Roebear