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Fears Of Top Overblown


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Posted

Follow the cmaps and cycle charts of Cousin HUI and the Golden Stool daily in Your Anals with long term charts and projections in your Weak End Anals.

 

Stoolies- tell your lurking friends!

 

Many tanks,

 

Doc

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Posted

Doc, I watched Chris Locke on Crapvision-Europe again this morning. He uses both cycles and Elliott Waves (for instance, he predicts a low in the broad markets in March and another, much lower low in July-September - just like you).

 

It's really funny to see how the strong contradiction between the two techniques on gold affects him. He's so uncertain when asked about gold. First, he'd say "don't chace performance, gold is overextended and close to a top". Then he'd add "gold is in a bull market, buy the dips". :grin:

 

He showed no such uncertainity about the broad indexes where the two techniques agree about the direction (DOWN).

 

Regards,

Vesselin

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