GREY:OLEPF - Post by User
Post by
Ralphxyzon Dec 21, 2011 11:05am
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Post# 19341717
It is time for patience
It is time for patienceI have owned ole over some years and am long. I feel Alf Field is the best gold guru and the most stand up guy in discussing gold
https://www.jsmineset.com/2009/04/16/alf-fields-predictions-on-gold/ . He says we are in wave 2 (Correction) after wave 1 from 08. Martin Armstrong and Bill Downey both have turn dates in Feb. Fields target for the correction is about 1420 (26%). We had 3 extensions to wave 5 of wave 1 which shows the extreme power of the gold bull. Gold stocks and silver both started correcting long before gold. We may not reach 1420 in gold, indeed the correction may be over. There is no sense selling now. Many of the best (like Rick Rule, Adam Hamilton and others) have said gold stocks are at there cheapest in many years. --- If my wife would let me I would be buying more. ----- This is the time to be patient. ------- Jesse Livermore said the biggest money is made holding on through the big moves. (the big money was not in the individual fluctuations but in the main movements that is, not in reading the tape but in sizing up the entire market and its trend) ------- Listen to relaxing music ( I like this guy
https://www.youtube.com/watch?v=cNBQe1O6vXY&feature=related ). ------ The Gold Bull is the strongest ever seen, and won't end with a whimper. ------- ole is worth more than $1.10 ------ Respectfully Ralph