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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.04-1.4%Nov 17 4:00 PM EST

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To: GTC Trader who wrote (64623)2/27/2001 12:41:23 AM
From: barrcuda  Read Replies (1) of 116762
 
I've seen several sectors have great rallies and have made good money in some of them, Oil being the latest. A wise man posted that the oil story was the perfect storm senario and the following news could only get worse. The oil sector has flatened out of late and I am out. It may continue it's clime up but I made good money to date and some say that once it rolls over it will drop as fast as it went up. I have seen friends give up all of there profits trying to get that last 10 percent. I'll take the middle 60 to 80 percent and try to be happy. I'm not sure if 2 days of increasing POG can be called a rally but if it goes on a tear this pyramid thing sounds like a great way to turn the best gold market in 20 years into a crapper when it rolls over. This same wise man said "Pigs get fat, Hogs get slaughtered." I've seen it too often to ignore it. I've just been lurking here for six months and I would like to thank all of you for you valuable knowledge and information

Dave
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