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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (56468)11/25/2004 1:10:40 PM
From: elmatador  Read Replies (2) | Respond to of 74559
 
Magic number 1.35 is within reach

Message 19819289

Message 19796978

Message 19806509



To: TobagoJack who wrote (56468)11/25/2004 11:37:30 PM
From: Maurice Winn  Read Replies (3) | Respond to of 74559
 
<i am figuring on gold correcting ferociously, terrifying the goldbugcomelatelies>

And oil Jay. People seem to forget that gold has already doubled in US$ from about 3 years ago. That's quite a shift. Oil has gone from $15 a barrel to $50. That's a big change too.

The mob usually climbs in a bit late, just in time for some volatility downwards again. When buying something is a no-brainer, such as buying gold, lots of people are qualified to buy.

Mqurice