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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (17781)	12/5/2004 11:20:42 PM
From: TH	Read Replies (1) \| Respond to of 60914

fuddle, I must be losing it, as I recall reading at least three articles (one with Prechter himself) where he was calling for gold at $250 and massive depression like deflation. I do not recall these articles mentioning anything about him having a long-term bullish perspective on gold. I do recall that he has moved his range on POG several times. I do not mean any disrespect to Prechter. Let me ask this, how long has he been bearish? A long, long time I think. I think you would have missed a lot of the bull in the past few years if you were to follow his calls. As for EW, I'm learning on this thread. I look at every chart that is posted here, and try to make some sense of it, always with an eye to what is "next". Gold stocks are certainly a concern at this juncture. Dollar intervention is probably just around the corner, but how much impact will it have? I wonder if the stories about the Chinese lining up outside the bank to trade in their dollars are true. If they are, then dollar intervention is going to be a very unsuccessful and short-lived effort. And, there are so many dollars that maybe a few countries that have a lot of dollars will welcome the bounce in the dollar and sell hard. It is going to be a very interesting week. Wish us all the best of luck. Thx TH