There is always a bull market out there - somewhere
Observation
In the capital markets when something goes bad there is an opposite reaction elsewhere and something else goes good
Our Bullion / Gold Stock model below should be another popular model
The last signal was a sell-gold-stocks and buy-bullion call in January 2008
The steep advance on our RA departure analysis suggests the bearish stampede out of the gold stocks is over-done
Bill Carrigan
Observation
In the capital markets when something goes bad there is an opposite reaction elsewhere and something else goes good
Our Bullion / Gold Stock model below should be another popular model
The last signal was a sell-gold-stocks and buy-bullion call in January 2008
The steep advance on our RA departure analysis suggests the bearish stampede out of the gold stocks is over-done
Bill Carrigan
Posts
1 comment:
useless! own gold, short gold miners? what kind of advise is that. reading the chart correctly would tell anyone that one should have stayed away from gold, and shorted the miners, which carrigan failed to see, in fact, in an article in Toronto Star, on Aug 22, 2008, he used dodgy, incomplete Elliott Wave, he said time was right to buy gold stocks
http://www.thestar.com/comment/columnists/article/483432
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