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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: RonMerks who wrote (5367)	5/24/2007 5:41:29 PM
From: RonMerks	Read Replies (2) \| Respond to of 50281

Larry Edelson:Another gold bug throws in the towel! I get this from Weiss Research. Here's what Larry Edelson had to say- AFTER the gold stocks just cratered. Now this is the guy who was 'telling me to load up' right before last May's collapse because 'the Chinese ETF' was going to send gold to $2158 an ounce and also because gold was CHEAP- cheap I tell you- because if you revalued gold in 1980 dollar terms- it was still cheap at $700! Now after the HUI just peeled off 40-50 quick points- now, he see's a correction coming! Now he does not know - WHEN it's coming- but it's coming<vbg>. Earth to Larry: Trading is all about WHEN! Someone wake Mr. Edelson up and tell him- It just came. Gee, thanks again Larry- you freeking savant <vbg> -------------------------------------------------------------------------------------------- From: "Money and Markets" Singals You Must Watch! Thursday, May 24, 2007 It's Critical You Pay Attention To The Roadmap I'm Giving You Today … Let me start with a couple of main points I want to make about the markets right now, then I'll give you the actual signals to watch. First, another big correction in the natural resource markets is coming. It may be tomorrow, next week, or next month. I don't know for sure when it will come, but it's coming. It might be as ugly as the correction we saw back inFebruary, or it could even be steeper. Longer term, however, the natural resource bull markets are very much intact, and have much more to go on the upside. ----------------------------------------------------------------------------------- Re- 'Longer term, however, the natural resource bull markets are very much intact, and have much more to go on the upside.' Larry, I think you said that after last May's correction and it's been a damn year- and there hasn't been ANY more upside. Anyone can set stops. And in a cyclical bull- anyone can throw a dart and make money for months and months at a time. It's ALL ABOUT - WHEN. WHEN the corrections comes. WHEN it's time to get out- as in BEFORE (not AFTER) they come. WHEN the bottoms form and WHEN it's time to get back in (BEFORE) they take off again. Get us out at, or near a major top. Just once. Then get us back in- at a major bottom- just once. Do that Larry- just once- and I won't hit the delete button on your emails and throw your newsletter in the trash without reading it. Ron