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


To: jrhana who wrote (25308)12/10/2003 1:27:22 AM
From: Andrew  Read Replies (3) | Respond to of 39344
 
Your kidding right? no bullishness?

All I see are bulls and a handfull of Bears.

There may be a few more Bears on SI now because they are the ones that survived the aftermath of 2000-2002 markets.

I'll tell you this market will make new lows, the Bear is far from over and The DOW and SP500 won't make new alltime highs for over a decade. The Nasdaq may not see 5000 again in our lifetimes.

Real Estate has yet to collapse and it will in a few years when interest rates are in the double digits.

Should the market have gotten so beat up today after the Fed confirmed their "considerable time" statement?

I think the market is starting to realize that rates are too low for too long and the Fed is once again going to be behind the curve.

stockcharts.com[w,a]dacayyay[dd][pd20,2!b200][vc60][iLa12,26,9!Lh14,3]&pref=G

Draw the trendlines on that SP500 and tell me that it is going to break out over the top line. Rising wedges do not break to the upside. The entire index would have to go parabolic to the moon.

We didnt miss the Bull Market, we beat it by being in the hottest sector.

The gold bull is far from over IMO and if you can stand staying in for dips then fine wait it out but I cant.