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


To: TheBusDriver who wrote (21192)11/2/2002 11:40:30 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 36161
 
#305 gold to hold? dunno, not that smart really
I do think some tight reins on stocks, dollar, and possibly bonds might break loose after Tuesday's elections and Wedday's Fed meeting

we are likely to see numerous tests of #310
I would not be surprised to see "Retired's shithammer" scenario occur

I dont really care much how it all unfolds or its timing
I just gain confidence every week that the crisis is developing on target
what is most important to me is not to force a timetable
for that reason the Point & Figure charting serves as a solid underpinning chart foundation for me
I still view regular dated charts mostly
but the P&F method reassures constantly

Gold is showing a "catapult" pattern
give the dogs another retest thrill yaya
whatever
those same dogs of war are chasing in circles, which form a path down a large black hole
I believe many dogs realize their path leads to a dark place

what alarms me the most is the near universal total simultaneous breakdown
I attribute its source to the universal futile attempts to forestall the inevitable
build another bubble to prevent the leak
build yet another
we are fast approaching the failure of all final resorts

#310 will hold in my view with 75% odds
#305 will hold with 90% odds
#300 will hold with 98% odds
how is that? silly really, but quantified
/ jim