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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (62078)10/31/2008 12:30:48 AM
From: Proud Deplorable  Read Replies (2) | Respond to of 78416
 
I called Bill Cara an idiot for his calling a bottom in the markets and he banned me and literally hours afterwards thousands of his followers lost bundles on the market that wasn't finished crashing, I was vindicated not that anyone there would give me credit for the call.

Is this a good time to buy? I think after the PPT is done propping up the markets to try to get no-Cain-do elected the markets will plunge to further depths but this time 'maybe' with the exception of quality au/ag senior shares and the reason I say that is it will be evident soon the US treasuries are not a safe haven but bought for technical reasons and not sentiment. There is no future for the share markets for many many years notwithstanding that bear market rallies can really suck people in by their extreme swings. Capitalism is deader than a doornail and wish as many want to most are living in the twilight zone of past patterns of bubble behaviour based faulty economic knowledge that no longer are applicable and outright denial that anything has changed at all and that we are seeing a *v* shaped temporary oversold market. In my opinion Roubini has it right.

Buying into manipulated rallies no matter how appetizing some share prices are is a fools game until the election is over next week. Very risky but good luck to those who win.

***BTW see my gift certificate reward offer on Tiger, good only in BC and Alberta

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