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Ace Hanlon

10/20/05 2:19 PM

#431801 RE: chainik #431701

But his basic point that the gold sector will do VERY well once this shakeout ends is correct IMHO.


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basserdan

10/20/05 8:10 PM

#431909 RE: chainik #431701

>>>Saville has been really pathetic recently; staying "bearish" during the run from HUI 170 and switching to the bullish camp at the top. What's even worse is that his reasoning behind this switch made very little sense. <<<
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C'mon chainik, get serious for once, will you please?

Just because you missed the whole 'up' is no one's fault but your own.

Saville's near term calls have been back and forth dependent upon his indicator 'reads' and imo, were much better than most of the pundits I am familiar with.

After reading much of your PM tripe, I can easily understand why Saville's calls didn't make sense to you.

You're goofy.
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CoalTrain

10/21/05 3:30 AM

#431932 RE: chainik #431701

I am still putting Saville into perspective but long term and intermediate term he makes more sense to me than anybody else in the gold bug camp. Partly because I like like his particular mixture of technical charts for intermediate and short term stuff and his reasoning for long term stuff. Having said that I feel quite lucky I have moved most of my money into intermediate and long term positions. I have been waiting mostly in cash for his call on the next big shake out before a multi year advance. If I were using his last six months of calls for short term trading I would be drinking lots of Rum and coke and taking lots of aspirin. LOL! If he is wrong about a dump before the next multi year advance I wont miss out entirely because of my core position but I will still one mighty unhappy camper. At this point I just cant see a multi year advance without the train moving backwards into the station giving people a chance to de-train.