Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Crimson Ghost who wrote (6305)	1/10/2002 5:09:07 PM
From: gold$10k	Read Replies (2) of 36161

George, That was my thought also... always good to keep some cash on hand <g>, but OTOH, as you well know, when gold rallies it can defy both logic and technical indicators. I read an article today in which Bill Gross of Pimco said that the US dollar was not about to explode (implode?), but that it had a definite leak that he expected to continue for quite a while. That would imply a gradual, meandering rise in the gold sector and an ideal situation for gold sector traders like myself who periodically take profits on overextended golds and recycle them into laggards and golds that have retraced. Oh well, I can dream, can't I <g>? Regards, vt

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