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Notes From the Rabbit Hole ©

NFTRH

Peter Newell's illustration of Alice surrounded by the characters of Wonderland. (1890)

A Different Kind of Financial Market Analysis

"Go for it Gary... you are good, a great read and you have a unique voice so count me in"  --Jon A (Managing Director, International Brokerage Firm, NYC) 9/25/08

"I like your letter because it IS reputable and broad enough to provide good ideas for research and consideration... I'll be an ongoing reader because I consider your stuff head and shoulders better than any other letter I've used, and there have been a few.  Going through them was expensive, but a lesson in itself."  --Doug T  11/11/08

"I'm continuously amazed how you use various indicators and more importantly, how you evaluate their potential significance."  --Jurgen W  12/7/08

"Gary, I think you should know this. I subscribe to you for one simple reason. You see outside the box BETTER than most I've read and known, and you are good…"  --Armando R  12/8/08

"I am definitely in tune with your approach. I read a lot, from a lot of different sources. You, Elliot Wave, Safehaven, Prudent Bear, Big Gold, etc. And I am trying to make sense of all of this. The bottom line is NOBODY knows what is going to happen. All you can do is look at probable outcomes and manage risk/reward, exactly like you said. That is why I subscribe to you. Not because you are a guru, but exactly because you are not one. Because nobody is, and so the honesty is very refreshing :)"  --Mark B  12/10/08

"I’m enjoying your NFTRH immensely and finding it very helpful"  --Ann F  12/31/08

"You’re much better by far on TA than others I know, so you’re the man in that arena... I watch the oils, currencies (including goldie) and PM miners, so we have significant overlap. Now, I need to see when it makes sense to long/short them in their inevitable rise and that would be your role!  Can you say “nearing resistance” or “nearing support”??... Besides, we all need folks to suggest actions with which we may not agree so we can examine why we don’t agree since we all have that tendency to see what we want to see and pooh pooh things that don’t match our current world view.  I absolutely hate it when you or Tim Wood say I am wrong as it forces me to doubt my position.  I wouldn’t have it any other way!"  --Ron N  1/20/09  

"Notes From The Rabbit Hole (NFTRH), the weekly newsletter run by BiiWii Gary, has developed from a good read to a truly great read on all things market" --incakolanews.blogspot.com  1/25/09

"Hi Gary, Thanks for the great job you are doing!  For $26.00 per month not only do you get a wealth information but the value is increased immensely by the occasional emails you send out if things take a turn." --Doug M  1/29/09

"Completely agree.  One of your best [NFTRH22]" --Lawrence L (Managing Partner, International Equity Investment Management Firm, Boston, MA)  2/28/09

"Thanks again for giving your well thought out and written perspectives!"  --Robert S  3/8/09

"You're incredible.....  Such great service comes with this newsletter." --Jerolyn J  3/30/09

"I'm canceling my xxxx xxxx subscript in order to keep yours.  Might have to sell my body to keep Russell, Lol... Thanks Gary. You are really on top of this stuff. You would pooh pooh the 6th sense thing, but you are right on it. Amazing." --Steve D  4/3/09

"Thanks Gary , I had my epiphany (seasonally timely!) this weekend…it’s inflation all the way kid…the last bubble and the final frontier. Your thinking and articulation are so very good."  --Jon A  (Managing Director, International Brokerage Firm, NYC) 4/7/09  

"Hi Gary, So first thanks the intriguing insights. I do enjoy your writing style and I wind up reading your newsletters 2-3 times anyway, though they are not as hard to follow as I thought."  --Mark P  4/14/09

"You had made a recommendation to buy Gold Mining stocks (back in December?) and you had said that it was a once in a life time opportunity. Well - I took your advice and made an excellent realized gain.  Thank you!!!  That gain certainly justifies the subscription cost.   Thanks again!"  --Lyling H  4/15/09

"[I'm an] economist by training, but I've recently learned to appreciate the psychological side of things... I can now see the value in the technical analysis (as the underlying is really mostly psychology), hence why I like the added-value provided by your newsletter!!!!"  --Peter B  4/16/09

"Excellent and timely finger pointing. Tripled my subscription return on a round trip"  --Ron N  5/1/09

"Hi Gary, I have now read these NFTRHs, and they are excellent reading and very informative. The only trouble I see is your claim to the "proprietary" brag-to-the-wife indicator. I have been back testing just such an indicator, and I have concluded that it is an excellent sell now indicator that I only wish I listened to more :)  I look forward to next week's."  --Steve F  5/3/09  "Your comments are refreshing and reassure me that my subscription is well placed"  --6/2/09

"Excellent edition [NFTRH32] Gary"  --Mark T  5/10/09

"Here’s a quote which you are free to use : 'Thanks again Gary for the non-investment thoughts in your NFTRH newsletter .  Acting on the conclusions I drew from your non-investment ideas, more very profitable trades.  Double digit ideas deserve a single malt response!  Enjoy!'"  --Ron N  5/16/09

"Keep up the good work.  It's appreciated."  --Joe C  5/21/09

"NFTRH pulls me back to check the 'map' if you will.  Your personal orientation....how you do things....what you're looking at.....etc.  All good stuff."  --Jerolyn J  5/21/09

"And thanks again for your great service.  In my opinion you are the best all around investing letter.  You come from an honest place and try to educate and make some money.  You are accomplishing that.  Warm regards,"  --Paul K  5/25/09

"Hi Gary, just subscribed about a week ago and liking it a lot. Really opening my eyes up to some things that I'm trying to research further."  --Mark F  5/26/09

"Your comments today about the subscriber cancellation were quite refreshing. They also reinforced my reasons for subscribing to the letter. It is not that you are a better technician than I am. Nor that you are a better observer of the "human condition" (so important to trading successfully). Rather, it is your ability to distill everything you see- and feel- into concise, powerful statements. These statements force me to question my own strategy, forcing me to be a better trader.  You provide a dose of reality which, I fear, I need more of each day."  --Jeff K  5/27/09

"Cheers to ya... I know you'll keep a calm head while rabid gold bugs drool and howl at the moon."  --Scott H  5/29/09

"I live in the UK and given our property boom, debt and [quantitative] easing, I feel that we are going down the same the route as America. I currently have purchased some physical gold and within the last two weeks purchased a few gold stocks, picked mainly from Jay Taylor's Gold & Technology newsletter. This weekend, while researching, I stumbled upon your site. I felt you talked a lot of sense and have a good grasp of the current financial crisis. It was your blog entry of May 28th, 2009, that made me sit up and think whether, I was doing the right thing by jumping in and buying gold stocks at this particular point in time."  --Paul T  6/1/09 

"I really appreciate your reasonably conservative perspective on the markets and especially gold/miners. Having sold my business in 08  I spend a lot of time following the economic show and the resource markets. I've already learned some good stuff trading-wise from your efforts. Want (and intend) to follow the blog more closely. I'll certainly stick around for a while. Great work Gary. Thanks,"  --Bill H  6/8/09

"My pleasure Gary. Your 'free' blog insights have served my clients and my business well. Figured it was time to start paying you back. Really appreciate your passion, your objectivity and your work product. Cheers,"  --Paul A, Registered General Securities Representative  6/10/09

"Hi Gary, Being used to typos in everything lately, even mainstream articles and commentaries, it is something that bothers few, I'm sure. But, one of the reasons I subscribe to you, is that your perfectionist qualities are admirable and reflect a concern that is rare and probably permeates everything you do. You instill trust. Thanks for the good work."  --Mark F  6/22/09

"Hi Gary, As one of the "I gotta get into the miners" at [HUI] 360 or so, I have saved myself a considerable sum of money by listening to what you have been saying. Good job!"  --Steve F  6/23/09

"Good morning Gary, I haven't dispatched a note of appreciation to you for a while;  and you're due one; hence, this... for me, this is a particularly fine edition of Notes.  What I like is your ongoing reminders of themes - slow learner here - and your wonderful chart notes and commentary - helping me learn how to see - and highlights like the falling wedge to support being one of your favourite set ups - I underline and asterisk educational snippets like that.  Anyway, just thanks from me.  Kind regards," --Barbara F  7/12/09

"Actually, I'd do a lifetime sub if you had it.  Seriously.  Keep up the great work."  --Stephen M  8/2/09

"Gary, thank you for your work.  It has great value to me, always keeping me mindful of the larger market forces."  --Dennis S  8/4/09

"Gary, Just a note to say I am finding these mid week updates very very helpful.  Glad you are doing this."  --David M  8/4/09

"Sir, I've only been a subscriber for a short period of time and already I feel I'm getting more than my money's worth.

I don't want someone to hold my hand and tell me what to purchase. What I need is a sharp mind explaining to me in near real time his or her thought process on how to navigate this market without idealism, hope, propaganda or blind bias.

As individual investors or traders, the only way to "win" is to empower ourselves. That only happens when we stop allowing other conflicted, biased people with agendas think for us and begin to think for ourselves.
 
I need a shot of courage to act on my beliefs. That courage comes from someone else examining my beliefs for honesty, intelligence and common sense. Since you share my beliefs and attitudes, you provide that third party review I so desperately need.
 
If I don't have someone else examine my thought process, I am prone to information bias where I seek out confirming information and ignore contrary information. A sure prescription for financial and emotional disaster if ever I saw one.
 
It seems you are exactly what I need. Thank you."  --Michael T  8/20/09

"Gary, Your analysis and guidance are much appreciated by me and, I suspect, by many others.  No one has the answers or a window to the future.  Your discipline and respect for the truth communicated only by charts is invaluable for those of us who struggle ever day with emotion."  --Dan G  9/2/09

"I appreciate your candor and consider these missives like today to be an extremely rare and valuable asset helping me to navigate through these wicked waters."  --Jay D 10/4/09

"Thanks again for the great analysis."  --Jason I  10/6/09

"Gary, just a little feedback on your comments about physical Gold. Dead on.
I am relatively new to gold, making my first purchase in October 2008 at
$847/oz. Since then I have picked up a few ounces each month and so far have
not been "burned" on the price. I feel lucky to have been educated by you on
the value of gold, and that has given me a zen-like calmness that I really
feel will carry me through if Prechter is right and we see a significant
pullback. To your point below, it just doesn't matter.

Contrast that to my father-in-law, whose investments I began managing last
February. I bought an initial stake in physical gold for him and have been
adding to that position steadily. We meet about once a month to review where
things are, and every month he has asked "When do I think gold will hit
$2000/oz.?" He is quite puzzled when I answer him with "It doesn't matter."
Sometimes he presses me on what I mean, and I say "Look, when gold hits
$2000/oz, a gallon of gas will probably cost $8 and a loaf of bread $10. We
are protected if it does, but we don't really want Gold to hit $2000. If it
does, it does." He says "Ah." and changes the subject, much like you or I
would do if confronted by an obviously crazy person who has drawn us into a
conversation that we really don't want to be part of.

Now, all that being said, I have "suspended" my monthly purchases of Gold
since this recent bump up in price to $1060. After reading you, and I do
also listen very closely to Prechter, I suspect that a certain element of
this price move is because Gold has become part of the sucker's rally across
all the asset classes. Maybe I'm not as zen-like as I'd like to believe I
am.  ;-)  Have a great day."  --Steve B  10/15/09

"Hi Gary, Well that was a nice way to start the subscription.  The analysis of GDX is why I subscribed and your thoughts seemed to have been spot on."  --Guy P  11/3/09 

"Gary, Many thanks for your updates they are really appreciated. The updates together with the newsletter help me enormously in planning my approach to investing in the markets during these turbulent times. The newsletter subscription is the best value out there."  --Paul T  12/1/09

"Hey Gary, I for one really appreciate these frequent insights into what you are thinking/feeling/doing - especially for projecting off of as a fellow market participant."  --Ray V  12/1/09

"Hi Gary,  Sold AAU at $1.23. You are brilliant! My devastating losses from last year are not looking so bad anymore. Sure, I lost the profits I made, but at least my initial investment is inching back, thanks to you."  --Mark F  12/3/09

"Gary, sometimes you just nail it; this is one of those times."  --Jon A 12/20/09

"Good (Green) Morning Gary, I am sure you saw this [LAM.to news item] , just wanted to say Thanks for the intro to these ideas. You seem to have a knack for finding gems as they are ready to make a move!" --Doug M  1/11/10

"Thank You for; your writing, strength and sticktoitiveness."  --Robert E  1/13/10

"tx Gary. an affirmation for you...I really like this educational [gold stock] commentary. regards b"  --1/21/10

"Hi Gary, Thanks for helping me to see corrections as gifts instead of harbingers of doom"  --Mark F 1/21/10

"Brilliant"  --Lawrence L  2/7/10

"I want to be as direct as possible here, Please, keep up the great writing! I subscribe to Biiwii [NFTRH] because I believe you have the perceptive intelligence to see what others won't see and the skills to place those thoughts on paper, period!"  --Robert E 2/8/10

"Man you have a very good newsletter"  --Leon B  2/18/10

"You have a great newsletter"  --Ken C  3/17/10

"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (www.thedailygold.com), 4/9/10

"Gary, Thanks for your updates: greatly appreciated!  Since I follow you and Otto Rock, I try to combine fundamentals with technical buy and sell signals.  Therefore, any educational contributions along your lines of work I try to understand and perhaps also use. So, keep it up, please!"  --Jurgen W  4/26/10

"Once again, please let me say something here.  You have Disciplined yourself in a way that so few can control, and then you communicate that and you do it with such feeling.  Thats what I was trying to say.  Great Job!    Now get back to work."  --Robert E  4/30/10

"These short updates/alerts are often worth their weight in gold.  Or at least the subscription fee. :>)  Thank you."  Michael T  5/19/10

"Gary, I greatly appreciate your response and continue learning with/from you.  Thank you very much!"  --Jurgen W  5/19/10

"Gary, New England sounds just like Scotland.  Keep up the good work.  I was glad to find that you were a fan of Bob Hoye."  --James M  5/30/10

"Hope you are well.  I enjoy reading your copy and insights."  --Fitzroy McLean / withoutboarders.com  5/31/10

"Thanks Gary, you are great for answering my questions.  Have a great weekend."  --Gail K  6/4/10

"gary you really spoil your followers i really enjoy your newsletter"  --Leon B  6/20/10

"Time flies... it's been a bumpy year, but certainly smoother with your thoughts arriving in my inbox on Sundays."  --Michael H  6/21/10

"Thank you Gary.  I love the way you are able to reply to your subscriber's questions."  --Dan Q  6/21/10

"Gary, I just wanted to thank you for these updates. I'm trying to make decisions on my allocations and it helps a lot to have your extra notes during the week.

You're the best money I spend on stock commentary:)"  --Monica D  6/30/10

"I really do appreciate your insights."  --Will M  7/1/10

"Thanks for your continuing excellent blog and newsletter.  I'm getting a superior education in the macro markets compared to anything else I've been able to find anywhere.  No bitches about the riddles here - they make me think and research for myself,  which is exactly what I need to do..."  --Mark F  7/1/10

"[Your] TA view is well executed from a purely technical point of view  (I thought I was good until I found you) and I have consistently admired the extreme discipline you exhibit in your newsletter. In fact I'm a bit jealous.

While I'm sure you don't see yourself as "extremely" disciplined, take it from a person who studies human psychology closely, including examining myself and my weaknesses. You have remarkable discipline, which ironically can make your newsletter somewhat plain vanilla at times.  I LOVE your plain vanilla BTW. :>)"  --Michael T  7/21/10

"Can I refer to you as "G-Money"...because your updates are money."  --Jordan Roy-Byrne  7/27/10 (The Daily Gold)

 

 

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