MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: eddieww who wrote (15545)	12/12/2002 3:31:27 PM
From: Steve Lee	Read Replies (1) of 19219

Not holding any gold myself - unfortunately looking at today's prices. I can see why it makes sense to buy gold, but it's just not something I have ever dealt with or thought much about. In fact, right now I am holding longs. I am long term bearish though, and my long term shorts pretty much exactly cancel out the current longs.Basically I am a bear that is having a rare hedged moment. My "hard goods" consist mainly of some cheap coastal properties I have bought in Greece, where the weather is warmer and the land is a lot cheaper than here in the UK. At home we have unsustainably high - IMO - house prices, and my home is up for sale at more than double what I bought it for in '99. When that sells, I will look for more property in Southern Europe, and there I will sit until it's time to buy in the UK again.

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