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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (5502)	1/19/2004 3:03:13 PM
From: yard_man	Read Replies (1) \| Respond to of 110194

I disagree -- I don't think it is a good piece. I believe that fellow is not a good technician either -- I think he is trying to impress his own "psyhology" onto the markets. The idea that gold will stabilize and the stocks will continue down on earnings is rubbish. It may be that gold is not done falling -- but you won't see what he said happen: POG stabilize and the stocks head down ... Something he fails to mention is the action of the leading gold mining stocks -- these started a correction long before this recent downleg. This market is going to afford everyone an oppty to be wrong, including him. the inability of the author to not resort to this sort of baloney speaks volumes >>Sadly, though, most will instead “enjoy” the next leg up in gold shares by counting the days/weeks/months it will take just to get back to where they were before. << anyone who doesn't trade the daily or weekly fluctuations is stupid according to these people. For every fellow that has sat tight -- not paid 30-50% to Uncle Sam -- there are 10 more that traded on a pullback that lasted for a couple of days, or a couple of weeks and never got back in -- so it goes ...