endgame Posted September 10, 2008 Share Posted September 10, 2008 Whenever it has done that during the last 8 years, well you better have sunglasses 'cos you'll be looking towards the sun.Buy gold. BTW - this also relates to all commodities, pretty well. $ will now fall again. Stock market, led by financials, will now have a boost. Though I expect there to be a further leg down before the y/e. You thinking of revising your prediction? Halfway through the week and golds plummeting. Currently at $760. Quote Link to comment Share on other sites More sharing options...
R K Posted September 10, 2008 Share Posted September 10, 2008 Exactly right. I see that Jim Sinclair has finally thrown his teddy out. He was very insistent that 865 or wherever was the absolute low a couple of months ago and seems to be now taking alot of grief over it. You would think with his experience he wouldn't be quite so inflexible. It seems ego will out. He's also thrown a tantrum over TA claiming manipulation makes it invalid. I'm surprised by this since TA doesn't attempt to identify who buyers or sellers are or what their motives for buying or selling are. TA is always valid imho. There are always 2 possible outcomes. He's just called the wrong one - Hence it's TA's fault. Quote Link to comment Share on other sites More sharing options...
Joey Buttafueco Jr Posted September 10, 2008 Share Posted September 10, 2008 I have no idea why he is posting his personal strategies so freely. He's probably just a very helpful guy. He has been in PMs with me.I'm assuming that you charge for using your knowledge based skills do you not? Perhaps £50 an hour or thereabouts? Quite possibly more. I'm guessing VT may have invested hundreds, if not thousands of hours and personal cash in developing his strategies. If I were him I wouldn't give so much away for free. If he called himself a hedge fund he'd certainly be taking around 2% in charges and another 20% on top. I personally find it offensive to keep asking for people to post their strategies so you can go off and backtest them to destruction. But that's just me. My view is that in many cases computerised strategies aren't especially helpful. Like computerise art or computerised relationships. If they were 100% of trading would be computerised and it isn't. Gold now at $758 and still falling. Ouch! "I personally find it offensive to keep asking for people to post their strategies so you can go off and backtest them to destruction" In that case they shouldn't bother posting anything at all, because posts claiming you can beat the market with nothing to back it up with is a waste of everyone's time. Time wasting ofends me. Quote Link to comment Share on other sites More sharing options...
Te Mata Posted September 10, 2008 Share Posted September 10, 2008 I'm still waiting to hear what the "mean" is and what smaple size, as even the standard deviation calcs use an arithmetic mean. Quote Link to comment Share on other sites More sharing options...
R K Posted September 10, 2008 Share Posted September 10, 2008 In that case they shouldn't bother posting anything at all, because posts claiming you can beat the market with nothing to back it up with is a waste of everyone's time. Time wasting ofends me. Who the f*ck are you? Class monitor? Two effs in offends Quote Link to comment Share on other sites More sharing options...
MSWHPC Posted September 10, 2008 Share Posted September 10, 2008 England to get a point on wednesday Expectations exceeded. I am Football Planner. Borrow borrow borrow and put yer cash on a world cup win. Quote Link to comment Share on other sites More sharing options...
'Bart' Posted September 10, 2008 Share Posted September 10, 2008 It seems ego will out. Truest statement on this thread IMO. I'm an admitted klutz at forecasting gold prices so I didn't think we'd be returning to circa $750 territory at all. Looks like the path to the sun is being blocked by the moon, resulting in a price eclipse. Quote Link to comment Share on other sites More sharing options...
Harry Sacks Posted September 10, 2008 Share Posted September 10, 2008 Protect yourselves! I bet some of you are glad you ignored that ex-poster. Quote Link to comment Share on other sites More sharing options...
Mish Mash Posted September 11, 2008 Share Posted September 11, 2008 Whenever it has done that during the last 8 years, well you better have sunglasses 'cos you'll be looking towards the sun.Buy gold. Shurely shome mistake? Quote Link to comment Share on other sites More sharing options...
Ferret Posted September 11, 2008 Share Posted September 11, 2008 Shurely shome mistake? The great and wise one never makes mistakes. Quote Link to comment Share on other sites More sharing options...
'Bart' Posted September 11, 2008 Share Posted September 11, 2008 The great and wise one never makes mistakes. Or at least never admits to them. Quote Link to comment Share on other sites More sharing options...
Ferret Posted September 12, 2008 Share Posted September 12, 2008 Gold pushers are no better than the parasites who for their own financial gain gave loans and mortgages to those who clearly could not afford them. They p****d off with their ill gotten gains of millions of $/£`s profit and left Economies in serious trouble. And those here blame the BBs for all the trouble we are now witnessing. No Guv I STRd in 2002 believing HPs would crash, WTF the majority did not regain their 1990 values until 2001. If you want investment advice from me it`s free, although VIs here would charge you mega bucks for giving advice, especially those who STRd in 2002. Hadrian`s wall my son, Hadrian`s wall. I intend to bring Cygnao before the false prophet court and have his Sainthood status here removed by the Pope. Where is my Mentor, the wise one, who sadly has left us. Gold, sell, sell, sell, NOW, before it is too late. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted September 12, 2008 Author Share Posted September 12, 2008 Gold will rise $100 from yesterday. After that, well I'll take a view then. Quote Link to comment Share on other sites More sharing options...
sharpe Posted September 12, 2008 Share Posted September 12, 2008 that is bascially back to where it was when you started this topic... clearly very volatile and dangerous to suggest anyone knows what is happening. if the Fed is selling gold and lieing about it, like James Turk is suggesting, then the price could go down quite a lot until they have none left (a long time) or there is an audit on the gold supplies (unlikely under either of the current parties) Quote Link to comment Share on other sites More sharing options...
Mish Mash Posted September 12, 2008 Share Posted September 12, 2008 clearly very volatile and dangerous to suggest anyone knows what is happening. Also very volatile and dangerous to suggest that FP doesn't know what is happening. Quote Link to comment Share on other sites More sharing options...
Errol Posted September 12, 2008 Share Posted September 12, 2008 Protect yourselves! Remind me to ignore you from now on. You clearly understand very little. Quote Link to comment Share on other sites More sharing options...
gravity always wins Posted September 15, 2008 Share Posted September 15, 2008 (edited) Gold will rise $100 from yesterday. After that, well I'll take a view then..Backtracking already, you really are clueless the ultimate shoeshine boy - proof that qualifications are meaningless (especially when all your meaningless twaddle (predictions) is ust cut and paste from everyone elses meaningles twaddle). And I bought some sunglasses especially. Better luck next time cut and paste boy. Edited September 15, 2008 by gravity always wins Quote Link to comment Share on other sites More sharing options...
Profitoftruth Posted September 15, 2008 Share Posted September 15, 2008 and its got to be physical only. Yeah, crucial point. You wanna buy any precious metals, buy the real thing not a paper investment, then lock it away in a bank vault, Just make sure it's not a Lehman's one. Quote Link to comment Share on other sites More sharing options...
Charliemouse Posted September 15, 2008 Share Posted September 15, 2008 .Backtracking already, you really are clueless the ultimate shoeshine boy - proof that qualifications are meaningless (especially when all your meaningless twaddle (predictions) is ust cut and paste from everyone elses meaningles twaddle). And I bought some sunglasses especially. Better luck next time cut and paste boy. FP is no shoe shine boy matey. He makes a bloody good living out of all this. He is right about things you dont know about far more than he is wrong about things you do. Never forget that. he he. Quote Link to comment Share on other sites More sharing options...
Errol Posted September 15, 2008 Share Posted September 15, 2008 More short term thinking again. If gold is not well above $1500 by 2011 I'll eat my hat. You have to think long term - longer than weeks or months. Quote Link to comment Share on other sites More sharing options...
Mark Uttley Posted September 16, 2008 Share Posted September 16, 2008 He is right about things you dont know about far more than he is wrong about things you do. Could you give an example? Quote Link to comment Share on other sites More sharing options...
'Bart' Posted September 16, 2008 Share Posted September 16, 2008 Could you give an example? I must admit I'm kinda curious too. Being right about things we don't know about, do they fall into the category of known unknowns or unknown unknowns? Ahh it's late and my head hurts. Night all. Quote Link to comment Share on other sites More sharing options...
gravity always wins Posted September 16, 2008 Share Posted September 16, 2008 FP is no shoe shine boy matey. He makes a bloody good living out of all this. He is right about things you dont know about far more than he is wrong about things you do. Never forget that. he he. The Lehman boys made a good living being wrong its perfectly possible for a while but obviously it can't last. I'm still waiting for one of shoeshine boys predictions to actually luck out. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted September 20, 2008 Author Share Posted September 20, 2008 "QUOTE (Financial Planner @ Sep 12 2008, 10:47 AM) Gold will rise $100 from yesterday. After that, well I'll take a view then." Backtracking already, you really are clueless the ultimate shoeshine boy - proof that qualifications are meaningless (especially when all your meaningless twaddle (predictions) is ust cut and paste from everyone elses meaningles twaddle). And I bought some sunglasses especially. Better luck next time cut and paste boy. What ARE you talking about? The end result will be the same - 1200-1500 in the next leg up. However, given movement of the $ the next leg up my be preceeded by a drop FROM 950/1000 - that gravity is sensible money management. It is also nearly $200 or 20/25% from when I made my forecast. Now go and play ball over there, there's a good lad. My qualifications are indeed meaningless in forecasting markets. I agree but that is not what you expwected. My expertise, analysis and experience gives me my forecasting. Backtracking? Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted September 20, 2008 Author Share Posted September 20, 2008 If he is wrong he will certainly get ribbed about it for a while.. this time I might even join in And what do you do now that gold is soaring. NB. To reiterate I shall review at 950. Quote Link to comment Share on other sites More sharing options...
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