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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 339.88+0.3%Dec 24 4:00 PM EST

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To: Justa Werkenstiff who wrote (2242)2/2/2003 8:32:57 PM
From: Boca_PETE  Read Replies (2) of 10065
 
Justa: re:("comparison is faulty. Bears in Investors Intelligence were 55% back then. Now they are only 26%")

Thanks for your viewpoint which I always greatly appreciate.

Good point and good reason not to attempt to scalp a profit out of the rally everyone seems to expect. Good reason to hold onto my RYVNX and RYTPX and do nothing.

My PMPSX is now up 30%, but that represents a very modest profit since I only bought a small amount. I'm thinking this is a "HOLD" because of FED efforts to re-flate the economy in time for the next election.

- Justa, do you see gold continuing its' rise (with modest pullbacks of course), or do you see it fizzling out after Iraq is settled?

- Do you know of a pure 2x gold index fund that better tracks gold prices? [ PMPSX tracks twice the daily moves of the Philadelphia Precious Metals index (XAU) and is sluggish at times when gold price volatility is high.]

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