Stock Market Jan. 25-31

[Croaker]

I haven't read the Dines Annual Report all the way through yet. But as I was skimming through it, I believe as I glanced at all his U charts, they all are currently at their starting points before they broke out to there 200% to 1000% jumps. I could be wrong, but it was about 1 to 2 years after Dines recommended his U's that they took off to the moon. So does that mean they will be straight lining for the next year or two with a jump in April as DSL says.  I don't know, I am just a plain rock between the Gold, Silver and Uranium Rocks trying to anticipate what is going to happen.

But I am 90% in Gold and Silver and 10% in Cash.  AAUK, AEM, AUY, FVITF, JINFF, KGC, PAAS, SLW is what I own.

I will sell JINFF at .54 US when it gets there.

Looking at SSRI and GG on the next pull back or just buying straight up.

I don't like anything else in Stocks right know. Maybe around Sep/Oct 09 or April 10 timeframe I will, but the economy is still JACKED up and will be that way for at least 12-18 months IMHO.  I still expect the market to be UNJACKED in 12-18 months, but I would not be at all surprised to see the world economies sucking wind until late 2010 early 2011.

But hey, I am no economist. Just an everyday Joe.

[MetalMeister]

SW, thanks for the explanation and info, you are quite the chartist!!

I thought my fibrillation thing was funny, though! 

YC the “Fib” line to which I refer is short for Fibonacci.  There are Fib retracements, Fib extensions, Fib time lines, Fib Arcs, Fans, Spirals.  All based on the Mathematical studies of Leonardo Fibonacci.

[MetalMeister]

BF, as you know, I think you are dead on.  I bought some of my silver at 13 -15 and then most of my metal later below 10 - 11.  Getting closer to break even on the early stuff and doing good on the later batches.

All, while my mining stocks have done nothing or have gone down.

I think most mining juniors have shuttered their doors now.  I can't see the mining stocks changing quickly as gold and silver go up slowly.  I think it will take a big bang and then they will take of suddenly like a thief in the night.  Problem is that while shuttering their doors that means drilling equipment lessors, equipment and parts manufacturers, and miners laid off are all suffering and will not recover quickly no matter what.  If the miners and engineers seek other types of work then that will make recovery all the slower.  So I guess what I am saying is that the price of those stocks cannot quickly folow a big bang in gold and silver.  Pretty much what you are getting at, I think.

I think you better get your gold and silver AT SOME POINT,  but I see no way or at least a low probability of mining stocks, behaving differently than the stock market in the future, relatively speaking of course.

What do you guys think?  Am I missing something here, or is my logic flawed?

[Bottomfeeder]

YC....and everyone else thanks for enduring my long post(s), just thinking out loud and trying to process.  Putting those thoughts where they make sense to anyone else....that is the challenge.

I basically don't know what is going to happen.  I guess I am leaning to the market going higher, which I think is bullish for mining stocks, but not necessarily for the bullion.  The point I was trying to make is that the miners will not be going up without the broad stock market, regardless of the behavior of bullion, and that it is my belief that if you are betting on miners you are also essentially betting on the broad market, not gold or silver.

Conversely, the miners can absolutely go up, regardless of what bullion does at these levels, which appears to be going down.