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Strategies & Market Trends : Strictly: Drilling II

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To: SliderOnTheBlack who wrote (29920)3/28/2003 7:22:24 AM
From: TheSlowLane  Read Replies (1) of 36161
 
Slider - a question from the unwashed masses. You have said that you see the big money sitting it out until gold hits 305-311 and then you would expect to see it come off the sidelines. From that I gather that you believe that the secular bull market trend is still intact but in the short-to-intermediate term the trend remains down. Most of us lumpeninvestoriat do not have the trading skills that you have acquired and as Marc Faber says, if you are not a professional race car driver, don't try to drive like one. That being the case, does it not make sense for people who are not skilled traders to work on a longer time interval and spend some time here working to identify the best juniors for the long haul? I only started looking at gold because of concern over the dollar, which I don't expect to improve soon, but have found that this is a minefield (pun intended) that I've walked into. Just a sincere question from a small investor who is trying not to get smaller...
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