I see many today buying this dip on miners but in my view they are early. I want to buy but my charts tell me no no no. gg ===============================================================
Hi opnion, While I tend to agree with you, JS was making a bold statement a couple of hours ago. The way I see it is even if he is 100% on the money, I won't lose but a couple of percent of potential profits by waiting a while longer for more clarity.
Btw, the rocket's red glare is lighting up Fallujah once again.
Gold Community Heads Up Author: Jim Sinclair April 14, 2004, 10:38:00 AM EST
The Price of Gold Bottoms
Here is the back of the envelope version of today’s events -quick and dirty.
I believe that the reaction in the price of gold from $433 is over at the low of this AM. I also feel that this morning's low is the low before we go over $480. I further believe we will go over $480 before you can pick beefsteak tomatoes out of your garden in Connecticut.
I will write later on the reasons but they are humdingers. I put my money where my mouth is so if I am wrong please don't send any nasty grams because I will be too busy beating myself up to read them.
Now look at the charts posted today regardless of whether or not you give a hoot about technical analysis.
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