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Strategies & Market Trends : Classic TA Workplace

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To: ild who wrote (38514)	5/9/2002 7:12:29 AM
From: rolatzi	of 209892

I have been trying to pick up more gold mining shares for several months already. The stocks have not hit 50% retracements, nor support at trendlines. My bids have been almost universally too low. I will try to buy some GG today, if the opening is weak since it corrected more than most shares yesterday but in any case, I am not selling. The one up side of being underweighted in the sector is that I have not had the impulse to sell my core holdings for a year now. My shares of the Fidelity Gold fund went long term over a month ago and GOLD will go long term this month. I had lots of trades over the last year, though I'm not sure that I wouldn't have done better by simply holding through the developing bull market. Ro

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