Msg. 41758 of 45651 (This msg. is a reply to
41757 by
Decomposed)
Jump:
I will say this for certain: GOLD's correction is over.
I think it was only yesterday that clo was posting reasons why gold was useless. (Yes, I'm still reading FFFT, though the forum sure has gotten dull. I think that's to be expected whenever TPTB steps in to smother dissent.)
Obviously, gold should be bought. Clo hasn't made a decent call since FORD, and even that's way down from the days when we were tracking it.
June 5, 2012, 12:02 a.m. EDT
Correction close to being over
Commentary: Pessimism at levels not seen in nearly two years
By Mark Hulbert, MarketWatch
CHAPEL HILL, N.C. (MarketWatch) — A tradeable low is close at hand.
That is the conclusion reached by contrarian analysis, given that some sentiment measures are now showing more doom and gloom than in close to two years.
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