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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: crustyoldprospector who wrote (20724)9/19/2003 6:29:52 AM
From: jrhana  Read Replies (2) | Respond to of 39344
 
thinking about crashes

And we have only had two for close to a hundred years now
(I cannot tell you when the last crash was before 1929).

Crashes are rare

Crashes occur after a rising market has peaked and has already entered into a well established downturn.

Crashes do not suddenly appear out of the blue in a rising market.

This is based on a series of 2

<g>

Thanks for a post with a lot of common sense Crusty

I think the near term "danger" is for a blow off on the upside not the down side



To: crustyoldprospector who wrote (20724)9/19/2003 7:39:33 AM
From: loantech  Respond to of 39344
 
< I don't see resistance until 10300.>
Back to the "Promised Land."



To: crustyoldprospector who wrote (20724)9/19/2003 7:40:43 AM
From: loantech  Read Replies (1) | Respond to of 39344
 
<But, when stocks get sold, I suspect the insurance will get sold, too, and hard.>

So I guess late October you may vision a swoon in both the general markets and gold stocks?