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Fullgoldcrown (for Rambus and Audept)

Hi its Fully here

I was just going through Goldtent archives and came across a series of posts by Rambus from 2008…which he called “What If”

March 28th 2008

These Posts from the old Goldtent site lost in the shuffle to the new site

March 31 2008

We were on a great run in 2008 and Rambus was hot…and bullish…making one great PO after another…then suddenly he turned bearish and Many scoffed at him….here is one of his charts from that era…just to show you …he projected HUI 145….I though he was a raving lunatic !! HUI dropped to 149 shortly thereafter !

Now I Pay attention when Rambus Speaks !

and here is what happened

and how about this ONE for Perfection….sheesh Rambus !

Gold Bottomed where ?

695 !

Then there’s this chart of Oil calling for 35 after a parabolic move to 145 ! Which is exactly where it went !

Rambus Quote from the 2008 era

I just want to say the reason I haven’t posted much lately is because I know I am in the small minority here and you all don’t need somebody with a bearish mindset to make you feel insecure about your long term positions. It isn’t about being right or wrong for me, about keeping it true. If the market changes I have to change or I will get left behind or trapped in a position that will be hard to recover from. I know most here are long term bulls with a long term look at things so until the market changes to the more positive side I will just post once a week or if something important happens to bring it to your attention.
All the best…Rambus

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Fully
How do I start. I can’t believe you day traded the model portfolio yesterday. I thought we had a game plan that we were going to use. Here we are the first day out of the H&S and bingo its time to day trade. I don’t get it Gary. Did your emotions get the better of you? What changed from last week when everything you tried to trade went against you? Unless you can tell me that the devil came to your house this last weekend, for a drink, and you discussed with him that you wanted to be a day trader for your soul then that’s a different story. But if the devil didn’t come to your house for your day trading soul then there’s a problem. Gary your not a day trader, I’m not a day trader and there are damn few day traders that can do it day in and day out. Discipline and having control of ones emotions are the two biggest factors for being successful in the markets. What yesterday’s trade will do to you is embolden you to try it again and again because you got lucky. But I can assure you it won’t work. What you did is called sabotaging the trade. What if ZSL kept going up and you couldn’t get back in at a lower price? Do you chase it higher, do you wait for it to come back down or do you stay out altogether because your afraid now that it has gotten away from you. I’m trying to be gentle Gary but if we don’t have any discipline and a game plan to follow, for the markets, its like taking candy from a baby. If you feel the compulsion to day trade could you please do it with just 25% of the model portfolio? I hope you take this as constructive criticism because that’s all it is. What strikes me as odd Gary is how you can sit on a losing gold stocks for years and not trade it and then once the model portfolio starts to show alittle gain its time to day trade. Please tell me you made a pact with the devil so you can day trade and we’ll all be rich beyond our wildest dreams. Your brother in the Ozarks….Rambus

But you better stick to charting…your Football Handicaping was a way off the mark…Detroit was a little overbought

🙂