Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold: Pick the Top, Call the Bottom -- Ignore unavailable to you. Want to Upgrade?

To: At_The_Ask who wrote (21)	1/27/2003 8:35:30 PM
From: Lucretius	Read Replies (1) \| Respond to of 78

yep, time to close this thread down. i recall when i called the NASDAQ's top with similar accuracy -g-

To: At_The_Ask who wrote (21)	1/27/2003 10:50:54 PM
From: Gabe Heti	Read Replies (1) \| Respond to of 78

Hold on a sec. A top is defined as the highest level reached before a 10% pullback. Thus far we've had a less than a 1.5% pullback. What wasn't made clear is if we're talking about an intraday top or end of day top and a 10% pullback to a daily low or a closing low. Assuming the top was 374, we need to get back to 337 to make 374 the top. I think we have some ways to go before anyone can be declared the winner. Take a look at the 60 day chart on Kitco. Still heading steadily higher.