Never heard of that company or TA person. Is he shorting Gold: Some people including you expected gold to come down but nothing has happened sofar.
I can of course put up other TA people with different opinions.
The real meaningfull way to get the dollar up is when Bush decides not to make the Tax cuts permanent-See my today's post on this site. They say he is unlikely to do so.
Sofar, TA has not been that brilliant and that is because all sorts of things can happen to the USD or the gold price. FA has been more successful if you have followed the events.
You wrote: "The HUGE WARNING IS HERE. On the bullish side Tim Hoogard did predict that oil would not fall below $40.00 and has a target of $89.00. Does a switch from gold shares to oil shares make sense?"
Not according to you; after all, you mentioned $30 for oil. So why would you buy at the current price of $44.18 per barrel if according to you it is going to be $30 shortly?
I think you need to be wary of making radical statements as these can be used by someone else later.
Don't think all your statements will be forgotten.
Gerry Here is a good TA person and he is known in this world: http://www.clivemaund.com/article.php?art_id=68
