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#11 senorBS

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Posted 23 May 2010 - 01:40 PM

indeed: the ONE big thing against the C down is that it would present too big an opportunity for those of us loaded with soon worthless cash


You know I think a lot more have been loaded on the long side than we think and could be taking a big hit like they did in 2008. I am making no assumptions but this does look like a possible C wave down.

BSing away

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#12 dougie

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Posted 23 May 2010 - 01:46 PM

rydex argues otherwise but that doesnt mean you are not correct COT would suggest you are right

#13 senorBS

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Posted 23 May 2010 - 03:33 PM

rydex argues otherwise
but that doesnt mean you are not correct

COT would suggest you are right


Dougie, I really do not think the Rydex data is very meaningful from any type of sentiment perspective, jut my 2 centavos.

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#14 dougie

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Posted 23 May 2010 - 09:22 PM

sentiment surveys are all over the map in gold that is for sure