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Re: godsend74 post# 3622

Saturday, 12/19/2009 2:51:59 AM

Saturday, December 19, 2009 2:51:59 AM

Post# of 6427
Gold will rise in January. More towards the middle of January. The reason is that Nasdaq is in thin air zone right now 50% and might go to 23.6% retracement. How can you expect a gold stock to boom if price of gold is down. It's all inter-related. So perhaps we will continue with the accumulation and correct a little. I won't say I'm holding on for 5 years, I'm saying when it hits $1, be it next week, or in January, I'm out. For the pessimists, they can continue to wonder what if sky is falling, or if they are being stabbed in the back. Hey, the money flows are from the big institutional that have massive volumes in stock and can move up or down whatever to their liking. It is not the little pipsqueaks like you and I that can control the price of this stock. If they think I'm as powerful as Bernanke and as manipulative as Goldman Sachs, they must be delusional. 32K of shares from original 57K don't do squat for anyone.

When the market starts to correct in January, we will not do too poorly here because we have already finish our corrections by end of this year and will be heading back up. So, we might see 25cents again, so what? We only hear whining when people want instant gratification without the pain of waiting. The stock market doesn't work that way.



Go Ahead! Make my day & gimme profit$