Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Tommaso who wrote (94284)	10/22/2001 9:32:57 PM
From: SliderOnTheBlack	Read Replies (1) of 95453

Tommy-boy... Unlike "YOU"...I haven't owned gold for the last 10 years when it was a bad investment. I made my first portfolio weighted move to gold in the october/november cyclical capitulation; which was the single cheapest 60 day window in modern gold stock history. "Some" of us weren't allready down 50% like you; from riding an inopportune multi-year/decade investment in gold. "We" are not "goldbugs" - we do not, have not and will not - "allways own/hold gold/goldstocks" We saw an equity bubble collapsing, we saw a US Dollar that has caught Greenspan in a Catch-22 jam; we saw the need to re-flate and ramp money supply - (all good for gold) and we saw a secular & cyclical capitulation in gold and gold stocks - very similar to the $10 Oil/OSX environment of late 1998. "THAT" Tommy-boy is why we are in gold stocks and why we made a counter-cyclical contrarian play. "We" saw and still see gold stocks for what they are...a cyclical commodity sector and a flight to safety haven....one that has also been artificially depressed via an exponential rise in derivatives/short positions as well. And "WE" unlike you - made the correct timing call on when to rotate to gold on a portfolio weighted basis. My call was about rotating from "Black Golds Top - to Yellow Gold's Bottom".... I called it, I did it and the charts posted today say it all... Your sourgrapes and feeble attempts to refute what the 30 day, 100 day and 52 week charts show is reality... are getting pretty damn lame-o... To-mass-o. PS: how did all you TA guru's miss this gift horse 30-50% trading pop in OSX stocks on "THE TURN" at OSX 58 ?(roflamo)....refute that "call" To-mass/No mass-o... PS: you guys got your wish and got the thread back... and when you were handed the ball... you blew the call ! ...again. later.

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