Marketsurfer's bold gold proclamation

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Quote from PaulRon:

As long as we're talking about elliot wave theory, this might be of some help:

<img src="http://www.tradingthecharts.com/phpBB/uploads/spwaver/2008-04/gc-4-29-4036.gif">


thanks for the chart, ronpaul.

ronpaul is about 10 years ahead of his time, as a side note. :cool:

im not a big eliott guy, but i wonder what glenn neally says about wave count right now--he is the last word in the wave space.

surf
 
Ah the magic X and W wave....I love that part

Quote from PaulRon:

As long as we're talking about elliot wave theory, this might be of some help:

<img src="http://www.tradingthecharts.com/phpBB/uploads/spwaver/2008-04/gc-4-29-4036.gif">
 
alright boys... got another short in today at 882, ready for the final leg down. should see a bottom in the next month or so. it's do or die around 800 and i will be putting my entire bankroll on the line (not significant im a young dude) with a complete blowout at 700. will let everyone know when i go in
 
Why in the world would you do that?

In 18 years of trading I've never blown out in my life.

Quote from PaulRon:

alright boys... got another short in today at 882, ready for the final leg down. should see a bottom in the next month or so. it's do or die around 800 and i will be putting my entire bankroll on the line (not significant im a young dude) with a complete blowout at 700. will let everyone know when i go in
 
Trade deficit tomorrow morning, budget deficit monday morning.

What was oil at last month? Oil is usually about 1/2 of the trade deficit.

Will it be 57 billion or 60 billion?

Just add another month to the tab.......
 
I have no position now. I was long from $250 in '01...and I finally blew out everything on March 18 of this year. So I'm no stranger to Gold.

The current populist interest in Gold would preclude me from being involved in any way.


Quote from PaulRon:

do you have any gold positions or do you plan on taking any?
 
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