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I am calling the stock and gold bottom

BearBear Posts: 18,953 ✭✭✭
SP 500, Dow 6000 Gold 847 AUG/09
There once was a place called
Camelotimage

Comments

  • KonaheadKonahead Posts: 1,476 ✭✭✭
    you hitting the honey again? image
    PEACE! This is the first day of the rest of your life.

    Fred, Las Vegas, NV
  • percybpercyb Posts: 3,328 ✭✭✭✭
    You are a Bear image
    "Poets are the unacknowledged legislators of the world." PBShelley
  • RedTigerRedTiger Posts: 5,608
    So is it going to be a "Bear bottom?"
    image

    Or will it be a "bare bottom?"
    image

    Or will everyone lose their shirts?
    image
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    You know, it's all about perspective....losing your shirt ain't all that bad.

    ed4sp and contentimage
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    I thought you meant next week! August?

    I think stocks will bottom next week around 5800 and rally somewhat. I would agree some type of further bottom in the summer (June-August)...maybe in the 4000's? Gold should bottom early next week as well on this corrective leg, make a new high in April/May. August or even later seems like a reasonable time for gold's following bottom.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • fastrudyfastrudy Posts: 2,096
    Wise old Bear, you should know the law of the prophet:
    Give them a condition or give them a date, but don't give them BOTH!image
    Successful transactions with: DCarr, Meltdown, Notwilight, Loki, MMR, Musky1011, cohodk, claychaser, cheezhed, guitarwes, Hayden, USMoneyLover

    Proud recipient of two "You Suck" awards
  • konsolekonsole Posts: 795 ✭✭✭
    600 points in 5 months?

    it dropped 3,000 in the last 4 months
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    I wish I knew
  • cohodkcohodk Posts: 19,187 ✭✭✭✭✭
    They say that gold will top when it costs the same as 1 share of the DJIA.

    Just for thoughts sake, it will cost $815 to buy 1 share of each of the 30 DJIA components today.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • PerryHallPerryHall Posts: 46,231 ✭✭✭✭✭
    Bear knows that we will forget about his predictions long before August 09.image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • BearBear Posts: 18,953 ✭✭✭
    I believe that my predictions will prove

    as accurate as the talking heads on TV.image
    There once was a place called
    Camelotimage
  • DNADaveDNADave Posts: 7,277 ✭✭✭✭✭
    Is that girl sweedish? image
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