Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (52610)	2/19/2016 11:51:18 AM
From: benwood	Read Replies (2) \| Respond to of 60899

One person who writes a blog and has a service (I forget his name -g-) was saying last week that the move was so powerful that it was likely to reach as high as 1510 before taking a significant breather. Then Tuesday he was saying it's all dead and done and will likely wither away for at least a couple months before resuming it's upward trend, all thanks to invincible Fed meddling in the broader market (his opinion anyway). One of many no doubt shaken over to the sidelines by the whipsaw action, and of course all his followers bailed and therefore were suddenly on the sidelines for the rapid rebound. There's a reason why people like Eeyore (who used to post his bleating bearish views on gold right here) missed the first dozen or so years of the bull market. He was an easy target for the masters of the universe, but many others are thrashed out at opportune times so that they can find themselves perpetually chasing and selling often at a loss at the first sign of danger. The fact that they had the major takedown last weekend and the miners esp. held so firm -- most of mine were at the same level a few days later even though gold was 30 or 40 lower -- is a very good sign, imo, as I think it is a tell for much more significant stealth buying than the sector has seen in many years.

To: SwampDogg who wrote (52610)	2/19/2016 12:25:23 PM
From: Rollocaster	Read Replies (1) \| Respond to of 60899

Bull markets often come in as a surprise even to the most enthusiastic bug/bull and very often too leaves them empty handed, on the side or lagging behind.... A lesson learned the hard way! Four years of taking profits on a rally and buying drops can blind you. I Feel reassured to read so many gold analysts or specialists calling in a top and suggesting to take profits. Like Paulson who sold 37% in late december.... Long