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#41 dharma

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Posted 30 December 2010 - 02:45 PM

alysomji-if you dont mind my adding, they are all hard to trade. gold is only special in its story. it is money. and has been for 5k years.
its why the best strategy is buy and hold for bulls.

mercury goes direct today. what that means that misinformation is not a feature now. remember the cbs were dumping their gold en mass @the bottom. and advertising it. gordon brown even got elected chancellor after selling the countries heir looms @the bottom. (dont expect the public to understand or wake up to the fact that they are getting fkd.) any guesses as to who they sold all that gold to? how about the banksters!!! what i expect here is after 10years of higher closes every year, the public is about to enter the fray. @what price? i dont know , but it will soon be irressible for them. after years of languishing, the miners have woken up and i continue to think the miners will out gain the metal. for years prechterites pointed to silver as a non confirmation to gold. well here we have silver leading. making new highs for the bull today. evidence of speculation coming into the market. silver has an amazing story as well. above ground supplies are almost nonexistent, while demand remains robust.
the kickoff should be very very soon. remember parabolics usually retrace to where they began. if i am correct and a parabolic comes here, i will dump almost all of my miners. not all @once, i want to see if what happens if this parabolic mirrors what happened in 80. gold topped in january of 80 the miners continued higher for another 9-10months gaining 30%+ . remember @higher prices miners make more $$$. so the 1st to go from my holdings will be explorers. and cats and dogs. get ready for the public , they are chomping on the bit. we will all become no nothings as they set their sites on gold to infinity. which aint about to happen.
buckle up.
we are days away
dharma




dharma:

Thanks for all your work - Happy New Year to you and yours!


stubaby :purebs:

thanks stubaby, we have mutual admiration

in that next piece that you present, my thoughts here are known. if we pullback, so be it. but i suspect that the similarity to the 79fractals and the price projections , coupled w/the seasonally strong period prevail.
dharma

#42 dharma

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Posted 31 December 2010 - 10:34 AM

well here we are @the last day of 2010. gold stocks still undervalued relative to the price of gold. the markets are moved around this time of year on thin volume. i like to look back @my trades and see where i could have done better. some things i let go of too early. and some things i have held too long. such is the nature of the beast. for the past several years i have listened to this piece on jesse livermore by richard smitten
http://www.financial...04/Smitten.html. it gives me some ideas on improving what i do.
happy healthy prosperous new year to all
dharma

#43 johngeorge

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Posted 31 December 2010 - 11:44 AM

dharma "some things i let go of too early. and some things i have held too long. such is the nature of the beast" You said it all there. :P Gold and silver steadily moving higher this am. Dollar dumping. Perhaps we will see silver take out $31 before year end. My larger miners are moving up, but, explorers are still mired in listless trading. As you say, they will have their day. To echo your sentiments; A Happy, Healthy, and Prosperous New Year to all. :yes: :banana: Best to you.

Edited by johngeorge, 31 December 2010 - 11:45 AM.

Peace
johngeorge

#44 tradermama

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Posted 31 December 2010 - 12:43 PM

well here we are @the last day of 2010. gold stocks still undervalued relative to the price of gold. the markets are moved around this time of year on thin volume. i like to look back @my trades and see where i could have done better. some things i let go of too early. and some things i have held too long. such is the nature of the beast. for the past several years i have listened to this piece on jesse livermore by richard smitten
http://www.financial...04/Smitten.html. it gives me some ideas on improving what i do.
happy healthy prosperous new year to all
dharma

Thank you Dharma..wishing you too and all the gold bulls and even bears :D a healthy and prosperous New Year..(bears though will have to wait some.).. :rolleyes:

Peace and harmony to all...

Irene

#45 JGUITARSLIM

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Posted 31 December 2010 - 01:04 PM

...wishing you too and all the gold bulls and even bears :D a healthy and prosperous New Year..(bears though will have to wait some.).. :rolleyes:

Peace and harmony to all...

Irene


Wishing everyone a prosperous and Happy New Year!
Yup, even the Gold Bears :D

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