Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gary H who wrote (71252)	6/8/2001 12:23:43 AM
From: Davy Crockett	Respond to of 116815

Hi Gary H, Yes, Elders book is a good one, but so is Murphys book & Alexanders book. For a real course in psychology, read James Dines book "The Invisible Crash" circa '73/74. Dines book documents (in part through his newsletters which are date-stamped), the euphoria & subsequent depression of the DOW & specific stocks & his constant harping to @ least keep @ 10% hedge in Gold, (& to increase it if possible) & dump stocks/bonds. It really is a fascinating read... especially with all the headfakes Gold & the Dow that tricked a lot of investors. Sometimes it does make sense to utilize the T.A. stuff & not isolate it from the macro fundamental bigger picture. FWIW, Peter