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

To: paul ross who wrote (7349)	12/18/2007 8:56:30 AM
From: SliderOnTheBlack	Respond to of 50132

re:["Things looking somewhat different from the breakouts of the prior 2 consolidations since 2001 ....never dipped below breakout point before... chart looking a little like a head and shoulders top...."] True. And that chart really, really looked bad back in August too (vbg). You have two choices in this game: Sell into good charts and buy into bad ones...or, buy into good ones and sell into bad ones. This is exactly what you all should be waiting for... "A Discrepancy between price and risk." All the euphoria in the gold market of just a few weeks ago has been wrung out of it...and now fear has set in. ...and that's a good thing... and in your heart of hearts... you all know that's true. -- Sentiment sucks. -- The chart sucks. BUT! - the fundamentals are GREAT! And in my world that = Merry Christmas! The damn wholesale price index for November was up +3.2% for JUST THE MONTH. The highest increase in 34 years people! And now, we don't just have one Central Bank reflating, we got FOUR! And gold stocks to the gold price -- are deeply discounted and on sale. Now I don't know about you... but, I be likin' sales, and I'm going shopping! S.O.T.B. And PS: You want to know who else is going shopping in the Gold sector today? Here's a clue: biz.yahoo.com Don't do as they say... do as they do! Buck Up and BUY -- Buggers! ...don't be letting these oily-haired Harvard brats do this to you. You're smarter than this.... shut off the emotion and do what you know you need to do... Buy Fear... buy bad tapes, buy bad sentiment - WHENEVER the fundamentals are simultaneously improving. Always buy the "Discrepancies between price and risk." ...always. You won't win 100% of the time - nobody ever does... but, you'll win more than anyone else -- doing anything else...and that I promise you. I remain, SOTB... the baddest SOB in the yellow ring. ...get 'er done.