Strictly: Drilling II Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly: Drilling II

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Crimson Ghost who wrote (10312)	4/1/2002 6:39:58 PM
From: gold$10k	Read Replies (2) of 36161

George, <<Unless one buy's Bill Murphy's line about gold going to $600 soon,one has to at least consider taking some profits here.>> I have just reviewed daily charts of XAU, HUI, and the explorers that I own and am unable to find a reason to sell anything. This is a bull market. It is very different than it was 1 or 2 years ago when I would surely have agreed with you. These stocks are not overextended or overheated, but are rising gradually. There is no euphoria, no spikes, no toppy-looking charts. Besides, the POG hasn't even reached most anybody's minimum target of $325. “The big money was not in the individual fluctuations but in the main movements - that is, not in reading the tape but in sizing up the entire market and its trend. In a bull market your game is to buy and hold until you believe that the bull market is near its end.” - Larry Livingstone (Jesse Livermore) Regards, vt

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next