Search found 894 matches

by richard5za
Thu Oct 30, 2008 1:52 am
Forum: Finance and Investments
Topic: Don't be beguiled
Replies: 0
Views: 3348

Don't be beguiled

In my view we are in a longer term bear market, and like all bear markets there are rallies from time to time. My charts are predicting an upward movement in the Dow to test the 10300 resistance level; that's the time to sell if you are still holding general equities. Longer term the Dow is headed b...
by richard5za
Tue Sep 23, 2008 9:51 am
Forum: Finance and Investments
Topic: Inflation, deflation, gold and currencies
Replies: 768
Views: 408181

Re: Inflation, deflation, gold and currencies

I can't make up my mind whether it will be serious deflation or hyperinflation. I am playing things short term and reviewing often. Currently I am in gold for the short term since I think it is heading for about $ 1150 this year (simply the count on my charts) I reckon I can get through this coming ...
by richard5za
Mon Sep 22, 2008 1:28 pm
Forum: Finance and Investments
Topic: Inflation, deflation, gold and currencies
Replies: 768
Views: 408181

Re: Inflation, deflation, gold and currencies

On oil I agree with Rafaelloello. Oil was very over sold and my charts indicate a bounce back. Currently I am looking at Brent Crude reaching $ 118. Lets see what happens
by richard5za
Sun Sep 21, 2008 10:40 am
Forum: Finance and Investments
Topic: Inflation, deflation, gold and currencies
Replies: 768
Views: 408181

Re: Inflation, deflation, gold and currencies

I am expecting gold to rise quite a lot before the bubble bursts; it is after all an historical safe haven and once panic stock market sets in a fair amount of money will be transferred to gold investments. Ultimately everyone will become an expert in gold, as they did at the end of the 70's and the...