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Gold/Mining/Energy : Gold Price Monitor

GDXJ 110.89

+1.8%

Dec 10 4:00 PM EST

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To: AH who wrote (71961)	6/18/2001 10:17:28 PM
From: gold$10k	Read Replies (1) of 116805

A few quotes from 'Reminescences of a Stock Operator' by Edwin Lefevre... “Stocks are manipulated to the highest point possible and then sold to the public on the way down.” "Nowhere does history indulge in repetition so often or so uniformly as in Wall Street. When you read contemporary accounts of booms or panics, the one thing that strikes you most forcibly is how little either stock speculation or stock speculators today differ from yesterday. The game does not change and neither does human nature." “The big money was not in the individual fluctuations but in the main movements - that is, not in reading the tape but in sizing up the entire market and its trend. In a bull market your game is to buy and hold until you believe that the bull market is near its end.” The latter is exactly my plan now (except for a little trading around the edges) <g>. vt

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