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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Benkea who wrote (27765)9/28/1999 8:50:00 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
Yep you are right Benkea, you came along at the sentiment peaks and troughs though, sentiment has been running this way since 97.

I first became very bullish on gold stocks in december of 97 at the bottom of the waterfall decline on central bank selling, but did not anticipate this kind of bottoming base to be built, which i will add a Shobin treat - BIG BASES!! make ????

I will also add to that BIG BASES!!

Big topps, and we may have a giant broadening top from 1997 that will be resolved like the gold base, where supports are taken out like butter. History sezs that back to back 25% years are uncommon, it sezs that 4 of em are an anomoly, but the investing public thinks it's a given, people think this at tops.

bb