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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.88+0.9%Nov 18 4:00 PM EST

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To: Canuck Dave who wrote (72056)6/20/2001 7:13:07 PM
From: gold$10k  Read Replies (1) of 116762
 
CD, I don't think that any of us really knows. The POG action today wasn't really so bad. Is the recent XAU/HUI action just the typical retracement/consolidation trading? We'll find out, but as always, the question for me is how to profit from all of this. My two assumptions are that

1. long term, gold is going to the moon
2. in the meantime I haven't the foggiest idea, although it feels like a baby bull (until it doesn't)

So how do I maximize my upside potential and minimize my downside potential? ...hold some and trade some. Gold sucks, but it is pregnant with possibilities.

vt
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