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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: TheSlowLane who wrote (200880)7/14/2011 9:32:09 AM
From: 31Floors  Respond to of 313127
 
I love the Kool aid, don't get me wrong! I 'll be happy to enjoy it over these coming days and hopefully weeks before the inevitable correction that's all. Whether it happens at $1600 or $1650?? I always thought that it'd be cool one day if we could blow right pass one of these thresholds like a hot knife thru... And really surprise. I read somewhere that we didn't correct low enough to give us the kind of momo (to give us that kind of push). But who knows? Coxe said a few weeks ago or at least that's when I heard it that the euro would have much more impact on gold than the usd and I'd suggest he's been right.

I don't know about you TSL, but these 6 and a half months feel like a year already...a long and most interesting journey to take just to be flat for the year lol. Those on the gold train will continue to benefit from what seems to be a trend. :) In 2009 hoye said the jr gold stocks were like techs in 94; we'll see in due course whether or not the analogy holds true in a strict fashion aka as in we're in 96 equivalent. In the meantime it is nice to see our picks make us look smart again.