Comments on: Crying Bull http://www.1stMillionAt33.com/2007/05/crying-bull/ A site to share my tips, tools, and humble thoughts on the journey to wealth Thu, 09 Sep 2010 07:54:40 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: Frugal http://www.1stMillionAt33.com/2007/05/crying-bull/comment-page-1/#comment-2955 Frugal Wed, 30 May 2007 13:57:12 +0000 http://www.1stMillionAt33.com/2007/05/crying-bull/#comment-2955 The last upleg that peaked in May 2006 was a little "parabolic". One may argue that the uplegs from the very bottom are of similar magnitude, but rising from the bottom is always sharp. If the correction goes on for another twenty-some weeks, I won't be surprised. A bigger rise is always followed by a longer pause, and vice versa. But if the correction goes farther than that, then I will start doubting the fundamental argument for this gold bull market. The last upleg that peaked in May 2006 was a little “parabolic”. One may argue that the uplegs from the very bottom are of similar magnitude, but rising from the bottom is always sharp.

If the correction goes on for another twenty-some weeks, I won’t be surprised. A bigger rise is always followed by a longer pause, and vice versa. But if the correction goes farther than that, then I will start doubting the fundamental argument for this gold bull market.

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