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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (231)	4/9/2008 10:46:48 PM
From: AllansAlias	Read Replies (1) \| Respond to of 3209

Same old story... if price becomes too overlapping in this early going. If this starts to trace out some jello that sticks in the range between the recent lows and the top, then I am very likely wrong. On the one hand, the risk in gold is being left out as it rises eventually to well over $2000. Still, I can not sit by when we were offered a perfectly valid, complete impulsive count into a rising wedge, as we saw at the gold high. That would just be irresponsible. It should fall at least another hundred bucks here. At least. We can't be too cute about getting back in -- that's also irresponsible imo. Still, it is a form of compounding your investment to get out for at least some portion of the major declines.