GREY:AVGCF - Post by User
Post by
BagOfGoldon Jan 22, 2010 3:40pm
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Post# 16709595
King Scorpion exposed...
King Scorpion exposed...Here is your recent post on Great Quest...This is desperation...
Bag Of Gold
kingscorpion
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1/21/2010 3:26:21 PM | | 112 reads| Post #27850126
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Ladiesand gents i am afraid what i am going to say is not going to sound goodat least for the next few weeks and in March If you remember a coupleof weeks ago i mentioned about S&P going through a correction thatwould start around february and continue through March (Well i guess iam a week off on that guess) I need to explain this whole process ofcorrection or a double dip alittle further. Investors are thinking that adouple dip would include a one time correction going down to perhapslast years march lows and they may be correct However what i think willhappen is that a typical correction now taking place will go through Midfebruary followed by a quick recovery and then another dip where thefeds will have to unload theirs in order for them to leave the market Soanother correction. This may take S&P down to 750 to 825 The goldis going to tumble down to perhaps 900/ounce (No worries Avions EPScalculations are based on 850/ounce) TSX will tumble further and forthe duration of the year will lack behind S&P
If the S&Pcorrects and TSX corrects in tha amount of 15% to 25% this is usuallydouble worse for the small caps Avion gold in this case may fall low as.49c So my suggestion is for all of you to sell and wait until it downin the .49c Don't worry Look at as an opportunity to get in at a lowerprice almost doubling your shares. This is what i ve been trying to tellyou all If you stay you ll have to go through the pain all the way downto .49c See you at .49c level
I wrote this for Avion but appliesto GQ and all other juniors