Friday, March 28, 2008

What to expect

Sorry i'm not big into writing guys but wanna make sure everyone knows what i'm thinking about the next month or two.

IMO, the public is being misled, AGAIN, into thinking that the worst has passed us. You gotta be kidding me????? One of our 5 largest investment banks just collapsed 12 days ago after we were told everything was fine just 3 days prior, and everything is fine now??

The two main beliefs that are the foundation of our success are:

1. Gold is going higher
2. The financials are in deep trouble

If we stick with this then we shall DOMINATE the next few months. While it may take a couple weeks in this trading range, we WILL break out to the downside in April.

As for GOLD, IMO, we WILL gbet back to $1000 by the end of next week. Our miners should QUICKLY get back to their pre-pullback levels.

The mix of shorts and miners is a match made in heaven and as long as we remember to book often & add on dips, we will be 100 times more prosperous than the buy and hold people.

Hope everyone has a great weekend!!!!

1 comment:

swattsup said...

I'm not greedy, I'll settle for 99x :-)

Just set up a smaller account on TD Ameritrade so I can do some more active trading.

The bulk of my funds are in an IRA so I've been stuck having to work within the free-ride restrictions.