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


To: NOW who wrote (40120)6/11/2006 10:36:54 PM
From: nspolar  Read Replies (1) | Respond to of 60924
 
te, imo Ron is correct re the gambling issue.

It is running at an extreme high pace. It is also evident in the pm arena, awa every where else.

It is but one reason I think '06 will be a transition year. So far nothing I have seen changes my opinion. A year in which major trends will change. And that does not mean that pm's will necessarily go to the moon tomorrow. The trend may change in that arena as well. For how long remains to be seen.

I will also tell you an EW idiot can see that gold is not in a true impulse up with trend. It is in a B wave or an 'X' wave. This opens up a variety of possibilities, including Prechter's. I saw that a long time ago. As such POG stopped about right where it should have, as the market will always do what it needs to do to keep everyone at bay.

I have only seen one other poster on all of SI mention the above, da chief of course. da chief believes in the bullish side ... but there is a bearish side. The bearish side of course has a bullish ending, it is just a matter of timing.

Everyone thinks they are good enuff to beat the timing, including me. Reality is very few are ... maybe 10 %. From this perspective Ron made several comments well in line with TSL ......