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


To: orkrious who wrote (39423)5/21/2006 5:54:10 PM
From: yard_man  Read Replies (3) | Respond to of 60929
 
re post on the dugout and other folks listenting in for entertainment:

yeah, joel labelled me a raging bull. I'm not raging, but I am a gold bull. I am also generally a commodities bull. I think it is way early. So what -- Mr. Gander just likes to poke fun at anyone ...

I think slider may be a fine technical trader (if you believe what he says about his own trades), but does he really have any real understanding of the markets??

It is sheer stupidity to compare seasonality in natural gas and gold's recent correction. Gold has not collapsed and I won't be holding my breath ... odds are both Joel and Slider are looking for lower buy points. Let's see if they buy when we get to the exact bottom -- will they post then -- or some weeks later that they bought the bottom -- AGAIN.

Palladium has been a great trade for Mr. Slider -- but it is a MUCH higher risk play than gold for at least two reasons:

1) thinner market

2) much more economically sensitive

If commodities really were a bubble and getting ready to collapse -- you don't want the PGMs. Neither one of these guys merit further consideration. I shouldn't have posted to slider.

Commodities bubble??!! (It's not jsut a dollar bear either -- Roach may turn out to be the perfect contrary indicator with his "muddle through" conversion -- let's watch over the next few months) Re "commodities bubble" --- Let's see if all the base metals collapse, oil goes back to sub $30, NG goes back to 2.50 mmBtu -- heh heh -- maybe gold is going sub 300 over the next 6 months ... when that happens they can call me a stupid ninny bull, and I'll answer yes sir -- until then...

Right now these guys are simply trying to look smarter than they really are -- claiming they've sold every intermediate, short term top and bought every intermediate and short term bottom. They haven't and we both know it. The guy that started this thread has everything mapped out, too. Don't get me wrong -- it's good to have a plan -- and there's nothing wrong with making projections ... it's the smugness that comes from being out when someone else takes a little setback. Isn't it enough for these guys just to make a little money or to NOT lose some -- or do they have to wag the finger.

I've did my rant. Anyone can quote me and laugh in the future -- barring some doomsday scenario in which markets break down entirely -- real stuff is going to cost more in terms of dollars, yen, rand -- whatever ... it's a trend that will last for years. It's not a bubble.