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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (24738)1/4/2003 3:55:03 PM
From: jrhana  Read Replies (2) of 36161
 
Famed gold bull George Cole has unearthed following:

investorshub.com

Interesting in reference to your comments:

<Very OB is highly bullish, NOT bearish. It tells you to STAY with positions and not try to mastermind and over trade every wiggle in the price pattern. If you do? You're very likely to under perform the more patient, <steadfast> longs that understand>

<USERX is averaging 1.7% up per day during this time period, the highest rate of gain ever generated, kicking off what should be a secular bull market that lasts for years. I can only add to your investing by saying again, "Avoid finding reasons to sell. Historical overbought indicators are to be ignored in this once in every generation situation.".........

This could be the once in a generation opportunity to continually pyramid the investment upwards on each subsequent buy signal (after a decline) to build a fortune. Since I have been trading/investing in golds since 1985, I have only had the opportunity to do this on the short side. The triple buy signal (which has not occurred since pricing began in the early 1970s) may be heralding a titanic shift in money flows into the precious metals arena.>
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