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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (38879)	5/12/2002 7:48:16 PM
From: rolatzi	Read Replies (1) of 209892

I've been waiting for four month for a sizeable pullback in gold shares to add to my holdings. The major positive so far is that the percentage of my portfolio in precious metals continues to increase as their value goes up and the value of my biotech holdings decline. I am still looking for a 50% retracement or a move back to the trendline of support. Only GG made it that far and for a very short time period and I didn't get a chance to buy into it. So, I am still waiting and in the meantime, I am selling NEM puts every two months which will probably continue to expire worthless and thereby gives me a small part of the additional runup. Ro

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