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Strategies & Market Trends : SiliconInvestor All Stars Forum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (423)	3/2/2007 7:48:10 PM
From: Box-By-The-Riviera™	Respond to of 1718

dude. you may well be an all star <g>

To: TobagoJack who wrote (423)	3/2/2007 7:49:29 PM
From: orkrious	Read Replies (1) \| Respond to of 1718

I don't think I have made a trade since that Feb 12 post. My miners are down roughly 1.9% since then, while my short gains were more than double the amount of the losses, netting me an additional 2.8% YTD profit, meaning I'm now up "only" 10.0% YTD. Regrettably, I was up over 20% at the peak on Monday. I think I'm in perfect shape, as I expect the one thing no one else expects, the market to keep going down as credit problems spread, with a chart like 1973-1974. Concurrently, the yield curve inversion is rapidly reversing, and I expect the miners to begin to gain traction. The XAU/Gold ratio should be very close to lows Message 23333082 and Message 23328105. Once the nadir is reached, the environment should be perfect for gold shares (inflation accelerating, the Fed dovish, credit spreads blowing out) and I expect a rocket ship greater than the slope in this chart from Dec 00 to June 02, when the HUI more that quadrupled: stockcharts.com Life is going to be interesting for those prepared to witness the carnage from afar.