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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: sitkapacific who wrote (134357)	7/13/2006 9:22:47 PM
From: John McCarthy	Respond to of 209892

Hi Brian .... Thank you very much for sending me that information. I'd like to get this out of the way only because I am somewhat interested in this stuff. (1) I am SLOW as in DUMB ... so hang tough when I just don't get it. (2) I won't pester you with questions. (3) I'm an old fart and have discovered over time that what seems hard to understand on a Monday is as clear as [pick you noun] on a Friday. (4) I do NOT want to mislead you. I do NOT create charts or read charts on an ongoing basis. Nonetheless, I take charts - depending on the chart - seriously. (5) I am really a misplaced biotech investor who jumped into mining (gold) awhile back simply because I really don't think their is a true currency right now other than gold. [Lets never discuss this] (6) My investment strategy (which is really half-assed) is to try to find stocks that I can stay in for at least 1 year due to the capital gains tax thingie(s). I have invested this way for years. Phew - glad thats over with. Here is the chart: 321gold.com It EXCLUDES 2006 data. My only point is: Please look at March. Generalizing - within any 12 month period MARCH should be the 2nd or 3rd lowest price month. This years MARCH acted differently. Of the 7 months thus far, MARCH is the 2nd HIGHEST month. Way am I focused on something so TRITE? Well - the 15/30 chart may (perhaps) reflect what I will call historical TRINKET SALES esp. so for the last 15 years. However, EFT's are here - and perhaps - going forward - they will (over time) develop into their own kinda/sorta/ seasonality. Is that what happened this MARCH. Or was it just a hedge-fund 1 night stand? Just pretend - suppose ETF have changed things: Would this change-over from TRINKET driven demand for gold to an ETF [or pick your own words] demand IMPACT any of the the information that you utilize to see ahead? Based on your response to me - I think the answer is NO. In closing, I very much appreciate your time and effort in responding. (I gotcha booked marked so I'll be lurking along) regards, John McCarthy