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TheGoldAndOilGuy

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Everything posted by TheGoldAndOilGuy

  1. DB, I completely agree with you opinions and outlook. My article simply showed how we are currentin showing similar chart patterns as we did on most other bottoms. I'm not saying its a bottom as we cannot have a bottom until the banks get sorted out. But this is a good place for some long term cash to be put to work for those who are not active traders. We could get one more leg lower before things go higher, but some of the dividend funds are paying 10-17% dividends making them a pretty good investment for the average Joe if they want to average down and earn some dividend income on top of what ever gains happen in the next 4-5 years. Most of us on here are active traders so waiting for a bottom and taking advantage of it using leveraged funds like TNA, FAS etc.. once things turn around gives us tones of time and opportunities. Happy Trading Chris
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