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  • Pamela Aden: Ready for a Rebound? [View article]
    Northgate's income is not endless and open ended like GG and the other big boys.

    Price to sales and price to cashflow are not ratios representing profits.

    If it is being mispriced , it is being done so along with many others in the same boat.
    Jan 04 11:54 am |Rating: 0 0 |Link to Comment
  • Why I'm Still Holding Onto Gold [View article]
    I'm holding GG since 5 Doc - have never sold one share.

    I'm not smart enough to time/trade the market , so I just have to do the best I can with my limited capabilities.


    GG has just broken not only its previous high , but a reverse H&S pointing to an initial goal of 55 .

    Since 45 is the breakout point , it woulde be a fortuitous spot to take a shot , either now or on a later retracement back there ( to test the neckline ).

    Gold itself has also broken out of a H&S bottom on Friday , with an initial goal of -

    Around the all-time highs.

    Buying around 920 or so is a conservative play because if the H&S breakout fails , you can exit below the neckline and consider it a conservative , low risk , low cost trade.

    If the neckline holds , the breakout is valid , and the price moves up towards its tech goals , (or eventually much higher!) , you've hit a home run.

    Ditto for GG.

    John -

    I actually understand your comment and view it less harshly than the other guys do , because your premise in general is a good one to follow.

    But I believe you are underestimating the stage of the market which we are in.

    EVERY bull market moves up " a lot" , but then moves up "a lot more".

    You are picking a top , but it may just be a resting/correction point.

    This move exceeded the 79-80 high of 800's for the first time.

    So far , all it has done is continued on up from that historic breakout to 1030 , and corrected to test the 79-80 peak.

    Now it has turned , to a large probability , technically bullish again.

    Granted it ain't 250 anymore , but Berkshire Hathaway ain't two bucks a share anymore either , and it's been rising and rising anyway!

    Ditto oil from its first peak at 80 , down to 50 -

    And if you insert your comments there , guess what happened next?

    Anyway , as John Fogerty said ,

    It's just a thought.
    Jun 30 11:27 am |Rating: 0 0 |Link to Comment
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