Where and when does a bottom form?
#1
Posted 21 January 2010 - 11:31 AM
#2
Posted 21 January 2010 - 11:37 AM
#3
Posted 21 January 2010 - 11:54 AM
the one thought NO one seems to be proposing ( Prechter you alive? <
is serious deflation here and now
oh it is in the back of Senor's mind which is why he won't "buy early", gold 650 is the muy, muy nasty disaster possibility but also the buy of a lifetime if it happened.
BSing away
Senor
Edited by senorBS, 21 January 2010 - 11:55 AM.
#4
Posted 21 January 2010 - 12:39 PM
#5
Posted 21 January 2010 - 01:12 PM
amazing to me that prechter is even considered. this guy has not been correct on anything for decades.
yes, @some point he will be correct. but, who has the deep pockets or the inclination to wait
@the crest of the wave came out @dow 6k and he said to short it then. its more than a decade and those suckers are deep in the hole
this guy is one of the greatest self promoters to ever walk the face of the earth. lucky for me i subscribed @the bond bottom in 84.
since then it has been down the steep slope
sure, consider prechter!
i have a bridge that is for sale!
dharma
Relax, Dougie just mentioned it as a possibility, no more. and si, Senor understands it is possible but also muy unlikely. I always try to consider all possibilities, even ones I think have very little chance of happening - just like the 2008 end of year collapse in the gold stocks. Did any of us think that was within the realm of any possibility? Always a good idea to never be over confident in any forecast, my dos centavos.
BSing away
Senor
#6
Posted 21 January 2010 - 01:28 PM
#7
Posted 21 January 2010 - 01:42 PM
the one thought NO one seems to be proposing ( Prechter you alive? <
is serious deflation here and now
oh it is in the back of Senor's mind which is why he won't "buy early", gold 650 is the muy, muy nasty disaster possibility but also the buy of a lifetime if it happened.
BSing away
Senor
I think $875 is the lowest we go - check out Carl Futia's blog. And I agree it will be the buy of a lifetime.
#8
Posted 21 January 2010 - 05:55 PM
#9
Posted 22 January 2010 - 09:23 AM
#10
Posted 22 January 2010 - 11:30 AM