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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Wade who wrote (20349)7/3/2010 3:51:28 PM
From: Berk  Read Replies (3) | Respond to of 48092
 
Keep in mind that in the mental gymnastics that is Elliott Wave there is also an alternate flat count that doesn't stop at the 114/113 area, but instead goes to 100 or lower. Needless to say there are other alternatives as well.

A decent guess of what we might be in for is something similar to the 70's/80's. One of the better accounts of this is Kelly Angle's book (100 Million in Profits) where he describes what his father did in that gold bull move. That's if the government can't stop it and my guess is that they will try.