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Gold/Mining/Energy : Precious and Base Metal Investing

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To: TrueScouse who wrote (5921)12/12/2002 10:27:03 PM
From: Little Joe  Read Replies (2) of 39344
 
Howy:

I think we are o.k., if you follow my posts you know I have been expecting a down move, rather than up. I am still not happy with the fac that gold and not gold stocks led this rally and that the comms are bearish and small spec bullish.

However the charts don't lie and when a lot of them are telling you the same thing you have to listen. Although I added some stock to my core position in gold, I have kept my powder dry for the most part. I am now going to start buying as opportunities are presented because I am satisfied the bulls control the day for now. I do expect some pullback to consolidate the breakouts and will utilize these to add to my positions.

Thats my opinion for what its worth.

Little joe
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