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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (15068)	7/2/2002 12:34:42 PM
From: inchingup	Read Replies (1) \| Respond to of 36161

Slider: Here is an astrologer that disagrees with you and he even has books for sale to prove it. (vbg) 321gold.com

To: SliderOnTheBlack who wrote (15068)	7/2/2002 12:55:36 PM
From: re3	Read Replies (1) \| Respond to of 36161

<<<or, only buy a breakout to new highs thru prior resistance. all this means for someone is that they will trade their pictures of croaked presidents for less gold shares than they could trade them for today...

To: SliderOnTheBlack who wrote (15068)	7/2/2002 1:09:09 PM
From: Roebear	Respond to of 36161

Message 17684475 LOL!

To: SliderOnTheBlack who wrote (15068)	7/2/2002 2:52:45 PM
From: Jim Willie CB	Respond to of 36161

Slider, agreed, XAU broken H&S, HUI breaking on doubletop I see XAU retreating to around mid-60's and HUI retreating to support around 110 it could get worse for each, with capitulation (as you say) I am noticing selling of the entire stock market now capture profits in precmetals sell the safehavens that worked until now meanwhile the CB's and their PPTeam tools are succeeding so far they are puncturing the spirit of gold bugs now I expect a surprise dollar bounce overnight some night I aint fighting no CB's (even if my moniker includes it) I think gold and golds will be now left waiting for a return of price inflation the decline of the dollar is all well & good but golds need the consequences of the falling dollar to be realized before gold prices rise and that is the arrival of price inflation it will come thru the backdoor from imports both finished goods and components lots of them an old wise man once said "when the market doesnt do what you expect, when people are getting angry at the market, it could be time to sell and regroup after patiently waiting" gold aint acting right versus dollar or stocks this is an early summer retreat time for the beach or club swimming pool / jim

To: SliderOnTheBlack who wrote (15068)	7/2/2002 5:54:34 PM
From: tahoe_bound	Respond to of 36161

May you continue to be humble. Cash is king, agreed. May this not be another 1998 for us. I remember Slider, how you pounded the table and predicted bottoms for the oilers all the way to the bottom before it finally kicked in. (I still remember your call on PTEN to be heavily bought @15 as it eventually wound up @3 before turning up) I like the more contrite, more objective Slider with a wealth of knowledge who knows there is no certainty in this thing. I would agree with you 100% that it is not worthwhile to pick bottoms especially after that experience. Wait for strength as you say, a breakout of resistance to have a margin of safety. I am with you, I will not give it back up to the market. 100% cash here now, waiting for HGMCY, GFI, NEM possibly to show a better set up. Objectivity is key to preserving capital. For instance, a falling dollar is not necessarily a panacea I also agree. In 1998 again, the dollar fell from the 105 level to near 90, while gold simultaneously fell $40 to $265, and oil fell to $10.