IWB #5

[Croaker]

O.K. hold onto your pants. The DIGFIO (DIDN'T I GET F*^$ INTITIALLY OSCULATOR) has turned bullish!!!!Sorry I couldn't pass it up.   Plus China is beginning to consider investing in Canadian uranium-mining shares.

Or in simplier terms,  U's are so far beat down that the risk is greater for an up swing then a down turn. Or the short and sweet version.  What do I got to lose putting the buy signal out again?

Anyway, it is Spring and this is usally when the U's start thier run into summer. As always, time will tell what will happen. Good luck to all.

[dananini]

Any other significant mentions in the IWB? I stopped subscribing because the "back up the truck" IWBs are the main reason I'm in such a hole.

[Croaker]

Dananimi,

They now believe that the Transport Sector will be among the leaders to the upside in the next rally. Which is hard to think with some airlines going bankrupt and gas being as high as it is.

He talked how he predicted the Real Estate Crash and how it would effect the Banks.  I will say he has been saying that.

Talked about how so far the bullions have been stronger than stocks, but they now believe it will be the other way around, that gold and silver shares will be moving up faster than the bullions. This one I am hoping for, since I do own a few stocks in this area.

Also that GE was oversold and looks to be a long term buy. I agree with him there. They did miss the expectation, but their numbers they reported are not bad.

[john77]

Is that a subtle sign that Dines is abandoning his heavy concentration in the U sector? or just that Transports are predicted to lead in the general market with commodities still outperforming with the U's...

Not that he has been right at all for the last year....

[john77]

So much for any influence Dines may have through his IWB anymore.  NO change in trend visible (though of course one day post IWB doesn't say anything), but in the past such IWB was enough to spark a Dines induced rally.

[Croaker]

I don't think Dines or single person can start a rally at this point.  It is going to take mergers or should I say "MEGA MERGERS" to get the U's rolling like 06.

I believe it will be a long slow move sideways, a little up, a little down, sideways, a little up, a little down, sideways...etc....

2009 will be the next craze in U's. My guess only.

[bluefish621]

Dines is not a one trick pony and his gold portfolio recommendations are doing quite well. I also still find it hard to take profits on big winners, but I was able to do some of that last year during the U crash.
His most recent letter continues to highlight the multigenerational economic events we are participating in; it can be hard to see from the inside, the same thing they say about bubbles.
Our country will get poorer; our money will be less valuable.
If inflation were computed at the cpi standards of 1980 we would notice it was at least 12%, and if we calculated unemployment the same way that would be higher too.
He also commented on the decline of the american medical system with hmo's paying doctors very little for their services which will prevent the best and the brightest from entering that field.
For the record, I still hold a significant speculative position in many Dines U stocks.
Good luck, Ron

[john77]

Ron,
Do these multi-generational economic events bode well for U stocks as well, or just gold stocks?
Thanks.

[bluefish621]

I think they bode well, but it may not be so quick. Lets hope the bottoms are in at the least. We may be the last to start building nuke power plants, when electricity shortages become severe, unfortunately. Other nations may need U more than we do and that may create more value for U investors. As I said, I'm still long most of his stocks, just not in the quantity I was last yr.
Ron