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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (10607)	11/19/2008 12:22:15 AM
From: nspolar	1 Recommendation Respond to of 33421

Your A GoldBug? You tell me now? What the f am I doing here? Shit man, you know that bunch and I don't see eye to eye. If I was a goldbug I would have to be questioning every belief I have had, over the last several years!!! No? "Mother, do you think they'll try to break my balls?" When the balls of 90 % of the commodity bulls and goldbugs are busted, TF will buy for the longhaul. Getter closer me thinks. When the above happens they will be so beaten down that they will for a long time get all wrong. Most will turn into hot shot traders (many of course already are ... just ask them about all their profits of late), sell early, and then have to chase and chase and chase. If I am correct in my thinking what the correct approach would be is to make some LT investments, in the metal and pm arenas, at the bottom coming up. No one and I mean no one will out trade the ensuing bull. Some serious, some funning a bit. You can decide which. Maybe it is all about time, or timing. The concept of time sticks in my mind. I used to read a lot of war books. Mainly history and non-fiction. One I really remember was about a platoon in WWII. One of the members was a 'geek' from MIT. Looked and fit the type. Did not cause any trouble but did not fit the mold as they say. At a long rest one time, he chimed in which is something he rarely did. He told all the rest it (getting it) was all about time. Then he scribbled some equation in the sand, which the author remembered. It was an equation based on Einstein's theory of reletivity. The author did not know this, but I recognized it. A day or two later he got it. It is in the end all about time. TF

To: John Pitera who wrote (10607)	11/19/2008 1:25:33 AM
From: nspolar	Read Replies (1) \| Respond to of 33421

'They spent half the show talking about the mine in SA where they go 2.4 miles below the earth to show the precarious and arduous conditions in said mine in South Africa.' John, in all seriousness: If the DOW dumps to figure so low as 4000, what do you think they will talking about on shows in the future? Seriously? What would it mean for US society and the future? Will we continue to see all the glamor and glits on TV for example, or will we see major changes? Will we start to look inward at our own problems, as opposed to worrying about everyone elses? Note. I am not saying it will dump that far, I am saying it is possible. I have learned not to be too fixated on targets. TF