Gartman says gold is going loooooower

[MKTrader]

Quote from stock777:

silver to 10, when was that 2008?

No, a few months ago. But I'm not going through your thousands of posts to prove it. It's not a stretch, though, if gold really went to $900, silver could easily be at 10 considering it's volatility.

 

[spd]

Quote from stock777:

possibly, but that makes you a steaming pile of cow dung by comparison.

 

[stock777]

Nice bounce, good thing you didn't get shaken out at 1900

 

[spd]

Quote from stock777:

Nice bounce, good thing you didn't get shaken out at 1900

lol I dont even trade gold. Gartman is still a dingleberry.

 

[stock777]

Quote from spd:

lol I dont even trade gold. Gartman is still a dingleberry.

who has time to trade, when you're hanging with the fairies on 4-chan

 

[stock777]

whoops, another sell op squandered

 

[murray t turtle]

Quote from MKTrader:

So far, this correction means nothing for the long-term. A 20-25% drop to test the 1450-1500 area would be healthy.

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Good points;
not the ''if i have losses LOL'' post , but the 25%....
Frankly its still a good uptrend by most all measures, except 200dma dip.

BAC, SLV, C,look like much better downtrends/bear trends;
by most all measures............................

 

[zdreg]

Quote from stock777:

Are you enjoying your gold? Good. Try it with a little oregano.

thanks for calling a near term bottom in gold.

 

[syswizard]

Check the EWT wave count.
A pullback to 1400-1500 would make this a set-up for 2000-2500 by 2013.
Not sure.....
next leg up is either a "C" wave or a final 5th wave of an impulse move.
All of this is predicated on a early 2012 Euro crisis followed by a counteraction of central bank money flooding to bring on the inflation.

 

[stock777]

Quote from zdreg:
12-15-11 08:09 AM
thanks for calling a near term bottom in gold.

Thanks for making me look even smarter than I usually do.

Shmuck much?