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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: nspolar who wrote (65132)	2/2/2003 4:37:11 PM
From: nspolar	Read Replies (1) \| Respond to of 209892

What did I say? story.news.yahoo.com We can still do anything, include print money I guess. Heavy in the gold stuff, and quite comfortable, even after listening to Prechter. Prechter's views on gold have been misconstrued, in fact he recommends everyone own some, but only the physical here. I think Prechter may have miscalculated on the psychology end re gold and gold equities. He admits he may be wrong, but I admit Prechter's recommendations of not owning PM equities are by far the least risk. Where I think Prechter may be wrong is in underestimating how fast and how worthless paper or 'fiat' is going to become. Therefore gold may not have another correction, and like Prechter said, even if it does it is much farther along in its bear correction than anything else. Prechter probably did not foresee the Moslem gold backed dinar either.