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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Tommaso who wrote (163826)5/6/2002 9:58:59 AM
From: Horgad  Read Replies (1) of 436258
 
I meant that the money that I have slotted for buying gold miners is now fully in the miners. I trade a bit and have been as low as 50% in the miners in recent weeks.

A couple of years back, I held a boatload of BEARX in anticipation of the bear market. However, I was disappointed in its performance on the market downturns and eventually dumped it for a loss.

Still believing that a bear market was on its way I rolled the money into gold, platinum, and silver miners including PAAS. Since then I have dumped most of the platinum and added to the gold and silver.

Getting out of BEARX has worked well for me aside from TVX which dropped about 80% thanks to the Greek fiasco...

Happy Trading
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