But I went to Cripple Creek, Colorado (elevation almost 10,000) to celebrate last week's DOW 10,000 top.
CPC looks toppy here. It's EMA is the lowest it's been in months.
Add the Magic T, and I'm holding my shorts (one order I had to put in before the market open Wednesday, as we were in flight.)
We could see a broad top here as a few of the past ones have been.
And could go a bit higher here, but the powers that be will have to make me sweat before I'll give it up.
http://stockcharts.com/c-sc/sc?s=$CPC&p=D&yr=0&mn=6&dy=0&i=p77199334841&a=31062200&are=722.png
Cripple Creek

Cripple Creek, Colorado, Elevetion 9494 ft. (Gold mine seen on mountain top in background, to the right of the weird cloud floating by.)
This is the main business street. Most of the businesses are casinos, just like the good old days!)
On October 20, 1890, Robert Miller "Bob" Womack discovered a rich ore and the last great Colorado gold rush was on. Thousands of prospectors flocked to the region, and before long W. S. Stratton located the famous Independence lode, one of the largest gold strikes in history.
In 1900, Stratton sold the Independence Mine to the Venture Corporation of London for $10 million. The Venture Corporation incorporated the property as Stratton's Independence Ltd. and sold shares on the London stock exchange. The ore reserves were discovered to be less than previously thought in late 1900, and the share price crashed. Venture Corporation later sued the Stratton estate, claiming that the mine had been salted, but lost in the U. S. courts.
Womack died penniless, Stratton, a multimillionaire.
Nothing new under the sun, eh?
Clothes
Victorian Club Friday night at the Butte Opera House
(Don't miss the melodrama! Professional actors, sponsored by the casinos.)
Houses
Very few are this nice.
There are lots of old abandoned mines around.
It seems that not all rocks have gold in them.
Often those who sell the shovels do better than those who do the digging.
Helen Back Falls
Hell & Back?
There is an area North of Cripple Creek called 7 Falls and another called Helen Back Falls.
The old joke is that an announcement is made over the PA system (or newspaper notices) saying:
"A purse full of cash has been found. If it's yours, you can go to Helen Back to look for it!"
I couldn't believe that the park ranger had never heard that one.
They don't get out much.
Helen Back Falls 2
I swear I could see gold on top of the gravel! (Gold colored mica?)
Royal Gorge
Tallest suspension bridge in the world, an hour south of CC.
There is a sign on the bridge which says: "NO FISHING!"
How long would your line have to be? 1,200+ feet! Facts
(My apologies to real photographers AND to the Cripple Creek area as the photos do not do it justice.)
In that rugged country, I could feel the ghosts of Dagny Taggart, Francisco d'Anconia, Hank Rearden, and see Wyatt's torch in the distance.
But Denver might better suit the likes of James Taggart, Wesley Mouch, Dr. Floyd Ferris, Philip & Lillian Rearden, et al.
Atlas Shrugged
PS: I couldn't resist Southwest's $59 airfare to Denver. Aren't depressions great?
Is Sachs in the middle of everything? 
Abandoned gold mine, since reopened.
Edited by Rogerdodger, 18 October 2009 - 11:00 PM.











