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


To: Crimson Ghost who wrote (81262)1/31/2002 3:17:18 PM
From: PAUL ROBERTSON  Respond to of 116752
 
i agree, he missed both the massive bull market in bonds and stocks. A major drop was always just around the corner same as the one EWI is now looking for in gold. Many other methods have much better odds far more often. eg. delta method. i personally like combinations. Chart patterns are usually the most reliable and i never regret reading the classic Edwards and McGee three times. It taught me never to mess with patterns like the one on the TSE precious minerals index. Delta is telling me that the gold's are strong, however, i still look for $278 to be taken out next week. If not, we are likely to experience a run away gold stock market. It would be much healthier to fill any short term daily gaps first.