Guys, even if you don't follow technical analysis or phases of the moon, I think you'll appreciate the knowledge and skill of this analysis. I hope you have plenty of dry powder...just in-case! [youtube]http://www.youtube.com/watch?v=JqnfhKwRUvI[/youtube]
I put NIL cred in 'waves' and 'charts'. Too many charts put forward as proof of an event to come, and it does not happen. And I cannot see why an event years or decades ago makes an event in the future inevitable. I prefer to drill down to the 'fundamentals', and make my assessment from there. JMO OC
How has that been working out for you lately? Let me guess.... you are in it for the long-term, so it doesn't matter.
"How has that been working out for you lately? Let me guess.... you are in it for the long-term, so it doesn't matter. wink" We have been in the sharemarket for over 20 years, and in the PM market for 3 years. Our shares are about 10 times their buy price, and the PMs are about even. As an example, our "Peoples Bank' shares, sold to us by the world's greatest (socialist) treasurer, komrade paul keating for $5.40, are now worth about $72.00. ONYA KOMRADE! OC
....and just so you all know:- "The Australian Labor Party is a democratic socialist party and has the objective of the democratic socialisation of industry, production, distribution and exchange" (ALP CONSTITUTION) OC
Gold - Elliot Wave Analysis - 10th April 2013 Comparrison - Just how right was she? [youtube]http://www.youtube.com/watch?v=2-86B6cbwSI[/youtube]
Gold Elliott Wave Technical Analysis - 8th May, 2013 Here's Lara's analysis for those Elliott fans. I love her professional approach, it's like honey comb - sweet as! [youtube]http://www.youtube.com/watch?v=2Kil2y9ByoM[/youtube]