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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (6256)2/9/2006 11:29:16 PM
From: Proud Deplorable  Read Replies (5) | Respond to of 78416
 
Seen this? Here's the reason TA is useless these days. Remember yesterday I called the bottom? No one here acknowledged it because they thought this is just more fluff from ol RE. Well? Read the article and you will see why I said what I said.

sortweb.com

One cannot beat the computer trading that no longer reflects fundamentals. There is very little real trading going on which reflects any emotion either. This is why calling short term tops, bear market rallies, bull market corrections is an old art based on nothing these days, certainly not anything to do with corporate events.

You are correct, we are in a long term bull market and things will go much further than anyone anticipates. Gold is going to 5,000.00 an ounce according to one analyst.

Using tight stops should be a banned practice because it is the little guy that always gets shaken out. Conversely it is a perfect reason why one should put lowball offers in and wait for the price to come to you.