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Strategies & Market Trends : Strictly: Drilling II
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To: Roebear who wrote (16808)8/1/2002 10:20:16 PM
From: gold$10k  Read Replies (1) of 36161
 
Hi Roebear,

<<I've noticed some of the regular posters are off chasing techies and others stuff which is OK short term.>>

Some use gold stocks as insurance for their techs. At this point (high pessimism, high VIX, 2nd year presidential cycle, longest cyclical bear since the 30's, etc.), I am doing just the opposite. <g>

BTW, I love that inverse H&S on the XAU. Thanks for pointing it out.

Regards,

vt
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