Replies to post #16599 on Mostly: Classical

[Canuck Dave]

Prechter has been predicting a bear market in gold for four years now that I know of.

Hey Bob! Wake up!

The guy's clueless as far as I'm concerned. Is it a temporary third wave down in a five wave up pattern or a ...? You can say whatever you want with Elliot waves and be "proven" right.

[Frank Pembleton]

maybe, but we're talking about me...!

I've been bullish, so I do have the right to turn bearish...!

...and for some reason unkown to mankind, I'm still very bullish on energy. OIH was strong yesterday-- XEG.TO should follow suit today.

[Canuck Dave]

Maybe Bob was right after all!

It'll be interesting seeing the gold sale numbers after this week. I've got a hunch today's attack was well orchestrateed with some judicious dumping.