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

To: jrhana who wrote (26343)	1/23/2003 9:41:55 AM
From: Little Joe	Read Replies (1) \| Respond to of 36161

"I have been hearing correction correction correction at POGs around 305 again I was hearing correction talk in the teens and in the 320s in the 340s in the 350s." I think this is the sign of the bull, when the market goes up more than seems possible, you know you are in a bull market. I remember in the go go years for tech stocks it was the same way and now it is gold's time. I think the shorts will get murdered in this market. But having said that we will have a correction. From what level and how deep I can't say. But it will come. I am now convinced that it is time to start thinking of gold as a long term multi year investment. (I hope this doesn't cause the market to crash). Technically all strong bull markets get overbought and stay overbought. Those who are trying to pick the top are just like those who shorted the stock market bull all the way up. Time to think long term. Little joe