JG, did you see BC's comment on gold shares?
#1
Posted 04 August 2006 - 01:03 AM
#2
Posted 04 August 2006 - 01:17 AM
going south
who is bc?
It's the illiquidity, stupid !
#3
Posted 04 August 2006 - 02:41 AM
#4
Posted 04 August 2006 - 07:39 AM
#5
Posted 04 August 2006 - 08:04 AM
#6
Posted 04 August 2006 - 08:18 AM
#7
Posted 04 August 2006 - 11:03 AM
going south
Hi Chili
Yes, I saw them and dont like fading BC, however....................right now I am loaded to the gills with PM shares and gas. So the best I can do is follow my own indicators (mixed right now), Senor BS and Silent One john. I have followed Senor BS far longer than BC so my nod goes to the Senor.
johngeorge
#8
Posted 04 August 2006 - 11:17 AM
#9
Posted 04 August 2006 - 11:25 AM
bc is no different from the rest of us! right sometimes! and wrong sometimes. for me, i am in the camp that thinks we are topping in a Bwave and then down for C. if the broads have topped, the pms wont be immune to that sucking sound. dharma
ps. if one was around and 87, then one remembers what happened to the pms in the 87 crash. now, i am not saying we crash, but i do think we, the broads are heading down.
dharma
I agree as I was around in 1987. PM shares tend to follow the broad market. FOMC meeting next Tuesday, I think, and seems like bets are heavy no rate hike forthcoming. That would be a negative for the dollar I should think. Good for Intl companies earnings though.
johngeorge
#10
Posted 04 August 2006 - 11:26 AM
It's the illiquidity, stupid !