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


To: TH who wrote (15826)2/25/2009 3:26:09 PM
From: Charles Macdonald  Respond to of 50742
 
TH - I agree. 99% have no clue.

I think this can be said for the markets, politics, education, life, etc, etc, etc....

I will give you a real world example from yesterday. My business sponsors a couple of kids (basically bribes them to do well in school / etc).

Anyway, after hitting their grade targets a couple were due some Nintendo Wii's and/or Guitar Hero. It took me 6 stores to get what I was looking for. The rest were sold out.

My observation......We ain't anywhere near the bottom when you can't find a damn Nintendo during a "recession". When people are selling this crap used on street corners, you will know we are getting close.

From a chart perspective, I am seeing a couple long-term rounded bottom/cup handle formations on some miners when looking at the weekly charts. (This is with me projecting current patterns and playing "what if"). If I project the current patterns (assuming they hold) - the month of July keeps coming into play as the potential breakout above previous highs on these miners. Something I am going to continue to watch.