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Strategies & Market Trends : The Swamp -- Ignore unavailable to you. Want to Upgrade?


To: rubbersoul who wrote (263)8/5/2008 10:42:10 PM
From: ItsAllCyclical  Read Replies (2) | Respond to of 491
 
Fair enough, but as I've said the gold part of the correction is just getting started in many ways (time wise). Chart many of the leaders of the HUI. Most are broken here and are at least 10%+ away from decent support. Buying here is catching a falling knife. it may work, but I'm personally trying to show more patience.

There is still way too much complacency on these boards in general. This is your first hint. Not trying to pick on VT. He's done some great work over the years and is certainly a savvy investor in general, but the fact that this got as many recs as it did just recently is troubling. Smacks of yahoo boards where only bullish stuff is recommended.

Message 24807797

Also the obsession with naked short selling vs looking at other alternatives I also found troubling sentiment wise (small caps).



To: rubbersoul who wrote (263)8/5/2008 10:45:28 PM
From: SwampDogg  Respond to of 491
 
But some of the stocks inside the $HUI want lower which makes me lean towards the lower range of that huge consolidation. I would certainly not use the word "lots"



To: rubbersoul who wrote (263)8/5/2008 11:00:57 PM
From: Eva  Read Replies (1) | Respond to of 491
 
I like Allan's chart here:
Message 24820594