To: Mase; Toddsterpatriot; Petronski; winodog
Longterm and intermediate uptrend still intact. The long-term (blue) uptrend channel has been rising at 12.5% per year. As Sinclair notes, phase two of the gold bull (green channel) could easily double that. I'm still in, and for good reason. But hey, if you don't have the stomach for gold's gyrations, then stay the heck out. The last thing we need is a bunch of nervous-nelly's ready to hit the panic button at the first sign of technical weakness--GGG
To: GodGunsGuts
If you think that witchcraft convinces anyone, you've got to believe I've never studied statistics and probability, or the efficient markets hypothesis.
You are, of course and as in all things, wrong.
56 posted on
10/23/2006 8:27:58 PM PDT by
Petronski
(CNN is an insidiously treasonous, enemy propaganda organ.)
To: GodGunsGuts; Petronski
The long-term (blue) uptrend channel has been rising at 12.5% per year.Yeah, too bad that whole down 20% since May short-term down trend is kickin' your ass.
If that long-term 12.5% uptrend continues (snicker) you're still talking about 9 years to get from $578 to $1650. I thought you said that'd be happening in the next 4 years? And paying the fees commissions and interest that you're paying, for a measly 12.5% annual rise is kinda futile, isn't it?
How does my long term uptrend compare to yours? Don't forget my dividend :^)
57 posted on
10/23/2006 9:56:30 PM PDT by
Toddsterpatriot
(Goldbugs, immune to logic and allergic to facts. You know who you are.)
To: GodGunsGuts
Who made that chart, a four year old? It's one of THE worst looking charts I've seen in 40 years!
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