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Strategies & Market Trends : Ride the Tiger with CD

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To: Canuck Dave who wrote (16052)10/13/2004 5:38:33 PM
From: rubbersoul  Read Replies (1) of 312968
 
<I've resigned myself to the notion I won't make money in 2004.>

C'mon, Dave. You know as well as I do that we could make up for the year in two months. I made all of my money in the last several months of 2003. Gold is still sittin' pretty above $415 as I write this. I thought we'd never get here 3 months ago. The fundamentals for gold are only getting better. Turk, Van Eeden, Bishop, and even a guy named CC all feel the chances of breaking $430 toward new highs are better now than they have been all year long. Wait till the elections are over but make sure you've reserved a seat on the train.

<Still 2 1/2 months to go, but I don't think it's going to happen, particularly after the latest two days. My trading style works best in a bull market (well, duh), and we've had churning precious metal markets this year.>

We all expected a slight set-back. Also:

321gold.com

and furthermore:

You got to know when to hold ’em, know when to fold ’em,
Know when to walk away and know when to run.
You never count your money when you’re sittin’ at the table.
There’ll be time enough for countin’ when the dealin’s done.


I blinked a little today but didn't fold.

John ;o)
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