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Strategies & Market Trends : Effective Trading In Our Markets. Learn, then Earn

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To: Henry D who wrote (1550)9/5/2002 1:48:50 PM
From: Ray Rueb  Read Replies (1) of 1854
 
Henry, you're crazy :-)

PDG is in the middle of a strong uptrend.
Way too early to go SHORT in my book. I'd be HOLDing; I'm not even seeing a SELL signal yet, let alone SHORT.

With such a weak market out there and so many good SHORT candidates, why pick on one of the very few stocks I see (from my meager charting abilities) as a near-term long?

As the market becomes weaker, and when panic sets in again when we have a bleak October, Gold will go UP, not DOWN (won't it?).

I want to say this in the most supportive way I can... you seem to be choosing to make your life unnecessarily difficult.

BTW: check my recent postings for some better SHORT candidates, and my reasons for shorting them.

You be careful out there
Ray
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