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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (56921)12/5/2004 9:19:18 PM
From: LLCF  Read Replies (1) of 74559
 
<Do you have an action plan for 2005 yet, as 2004 is closing and solidly in green already?>

Although I"ve been lightening up on energy since it actually 'could' [I have my doubts] be effected by a global bust, long gold and gold shares is still a no brainer IMO. I'm probably not going back into $US's in my lifetime so luckily I don't need to have an opinion there, although if I had to make a comment it would be "I wouldn't want to be long it" unless one is playing a bounce for fun. I don't need that kind of fun, fortunately.

So cash [nonUSD unless you're a 'trader'] and gold sounds nice.

DAK
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