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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: It started 30 minutes ago

Re: It started 30 minutes ago

posted on Mar 10, 2010 03:29PM

WOW! It happened!..the only thing is U don't say what "it" is until 30 minutes AFTER it happens. This is a volatile BULL market. The bottom was LAST WEDNESDAY I believe. Look at Chan's gold and HUI charts on 3212 gold. NOW THAT was hurting volatility!!

So what is today in the overall scheme of things!???

Gold gets clobberred by $15 several times a month. Volatility indicators and candlestick charts show this.

U have to say WHAT will happen BEFORE it happens, not AFTER; otherwise, it's not called prediction. It's called news reporting.

In retrospect I can say, "I had a dump this morning that told me silver would be volatile today! (cause it was a real blowout!)" Maybe U should look into this.

It's not that I'm "close-minded" either, I'm into yoga, the universe, the mind, hey, I had an oriental accupuncture today...but U have to be careful...

Everything that is ever said must be judged analytically. If U can't prove it statistically, it ain't so. And, by prove statistically, I don't mean look at past events in light of what alignments existed, because statistically there are thousands of anomalous occurances that might happen in alignment with certain events. It is statistically likely that many (out of thousands of) events might have a 95% correlation.

U MUST look at your PREDICTION and record what is correlated with FUTURE events, otherwise it is meaningless. That is the falacy of hindsight predictive techniques. They only work in hindsight. Not in the future.

No charge for the lesson.

And no offense 'pic, your phd is NOT in statistics is it?

gildage

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