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Strategies & Market Trends : Contrarian Investing
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To: jimsioi who wrote (199)9/17/2006 1:53:20 AM
From: pcyhuang   of 4080
 
The Gold and Silver Sector:

I think you may be right about our being a bit early in buying into the gold & siver sector. However, my experieces tell me that this may be a good time for an intial position, then gradually do a second wave of buying if the portfolio as a whole has declined by 5% or more. Finding the exact bottom is never easy; in searching for the absolute, one often misses a good opportunity.

pcyhuang
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