SI
SI
discoversearch

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.
Pastimes : A Jackass, his PAL(indrome), and GOLD -- Ignore unavailable to you. Want to Upgrade?


To: Allan Harris who wrote (1013)3/12/2003 4:10:55 PM
From: Jim Willie CB  Read Replies (3) | Respond to of 1210
 
so Prechter has a line in sand, above which he admits wrong?
that is a sign of a man of strength

I am beginning to have some doubts that >#400 will be happening this year at all

the deflationary forces are gathering strength
evidence is reduced share prices even in areas where basic fundamental price strenght exists
like gold and energy sectors

until the public takes the next step of abandoning the notion of economic recovery, and the associated periodic rush into stocks every 4-6 weeks, we might see languishing precious metal miner stocks

but help is on the way
since the supply of PM miner stocks to short has just about run out
they cannot short much more
I expect before this mess is resolved, some stocks will be over 50% short

we are setting up one helluva short squeeze in PM stocks
it could come later this summer, this autumn, or next year

/ jim