Strategies & Market Trends | The Swamp


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To: TheSlowLane who wrote (397)9/12/2008 7:04:17 AM
From: rubbersoul   of 491
 
Paul, what's your take on Nadler? His observations and forecasts for the markets have been correct during the last half year that I've read him has it not? I'm not a long time follower but he's been correct about gold's correction, I think.

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To: Threshold who wrote (396)9/12/2008 7:05:20 AM
From: rubbersoul   of 491
 
Excellent post. I would have to agree for the longer term. Short term is what scares me.

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To: TheSlowLane who wrote (397)9/12/2008 7:28:34 AM
From: SwampDogg   of 491
 
yes lol

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To: rubbersoul who wrote (398)9/12/2008 7:28:48 AM
From: TheSlowLane   of 491
 
John - He's a strange bird, imo. I agree that his calls have been correct, but it seems that they come along with a heavy dose of schadenfreude and I am not sure where that is coming from. Also, given that he works for Kitco, it seems odd that he seems to revel in poking fun at the people that buy their products.

I saw him give a presentation in New Orleans last year that was a very moving story of what gold had meant to his family, having literally saved their lives in escaping war-torn Europe. His message, as I recall it, is that everyone should own a little gold, but not worry about the price because it is for safety and survival, not for speculation. I don't know if his never-ending tit-for-tat with the GATA folks is the motivation for his continual tweaking of the goldbugs, but I am not a psychoanalyst.

Paul

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To: rubbersoul who wrote (398)9/12/2008 7:29:03 AM
From: SwampDogg   of 491
 
So was GS in their "prediction" of $745 gold
They should be upgrading their "target" soon and pull some reason out of their hats lol (something to do with their model)
Let's see if the $HUI can close above 285ish today to get back in that range.

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To: TheSlowLane who wrote (401)9/12/2008 7:41:46 AM
From: rubbersoul   of 491
 
It's amazing how the dollar wipes out .40-.50 losses in the morning like clock work.

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To: rubbersoul who wrote (403)9/12/2008 7:49:11 AM
From: SwampDogg2 Recommendations   of 491
 
Manipulation in the market is now viewed as normal
Even 2 years ago most thought it was a myth
Looks like the big boys about have their fill of gold and silver and are short enough bucks
Soon even fartman will decide he is suddenly a bull after stating clearly that the commodity bull was dead for years

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To: SwampDogg who wrote (404)9/12/2008 8:10:42 AM
From: TheSlowLane   of 491
 
He can zig
He can zag
He can leave you
holding the bag
He's the super hero
we call Fart Man!


Sorry...couldn't resist.

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To: SwampDogg who wrote (404)9/12/2008 8:10:56 AM
From: rubbersoul1 Recommendation   of 491
 
One can only hope the bad guys come on our side. It seems that's the only way to make money nowadays.

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To: SwampDogg who wrote (404)9/12/2008 8:22:56 AM
From: TheSlowLane1 Recommendation   of 491
 
McLelellan concurs (with emphasis added):

"...the holding still of gold prices for four trading days is an unnatural behavior which tends to occur just before big rallies, as if someone is holding prices in place until everything is ready for the rally to commence. Tuesday looks to me like a fakeout dip."

321gold.com 

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