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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (33792)	12/3/2002 6:08:08 PM
From: re3	Respond to of 59879

<<<Why didn't JPM implode at 16 as projected? What if the derivative bomb has no fuse? yeah that one had me puzzled too...meanwhile at 16 we coulda made 50 % going long... as far as projected events, it seems that "iraq" is not going so favourably and it seems to me that something will happen there that won't hurt the PM market...

To: Dale Baker who wrote (33792)	12/4/2002 6:50:26 AM
From: TATRADER	Respond to of 59879

hi Dale, great words...There indeed are fundamental concepts that keep tugging at me in regards to CDE and silver....Technically, I should not be in CDE again, until it breaks 2.00.....So you are right on in your comments... Here are the inner fundamental beliefs that have pulled me to this position.. 1.As we get closer to the return of Christ, the good book predicts wars and rumors of wars...As I look around today, the U.S. has been spared of conflicts for over 10 years now...Unfortunately, Looks like time again for another major conflict.. 2. The continued massive debt of the U.S....I feel that God is going to let us reap what we sow, and not let us off the hook so easily this time, as many brokers seem to think.. Comment of a broker: "The market always comes back, your return will always be fantastic longterm if you just ride the storm out"! Arrogance like that needs to be checked... It is not healthy, and God may indeed want to teach America a lesson about the good times always returning.....I think of the arrogant words of Nebucadnezzar, "It is by my own hands that I have made Babylon great!" Many people in the U.S. tend to be self-centered, focused on their careers, Bible illiterates, and worship is on the back burner...Please don't take offense, Gizzard traders, Dale is asking about what is going on in my head, and why I am not following strictly TA at this point.. 3. Silver shortage..I still remember the early 80's and the run on silver by the Hunt brothers...History tends to repeat itself...Right now the U.S has NO silver stockpiles, and we have been running a deficit for years.....Eventually this situation needs to be corrected with higher prices... 4. A well known value investor Warren Buffet owns 130 million ounces of silver that he paid 5.00 an ounce for....He has been notorious over the years for buying out of favor items, and waiting for them to appreciate, and then taking out phenomenal profits...I feel Warren has a real live one in silver.... 5. Then, I feel that there has been a massive effort to cover up excessive debt and unhealthy financial practices by trying to punish gold and silver, making it appear that all is just fine in the world....Such deception, will eventually come out, and should lead to an explosion in the precious metals.... Thanks for your comments...I just have to work through these fundamental things going on in my head.....I will continue to daytrade, but will probably hold onto my 19,000 CDE until I work through these issues.... Mark