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Gold/Mining/Energy : A to Z Junior Mining Research Site

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To: loantech who wrote (4483)5/20/2003 1:25:59 PM
From: Little Joe  Read Replies (1) of 5423
 
Tom:

I agree. What I was trying to say, but didn't say too well, was that I am detecting some optimism coming into the gold sector which has been remarkably pessamistic in view of the move in gold. As this builds I would expect to see a blow off followed by a reversal. So I guess you would say that since going long a while ago, I am becoming cautious, at least in the short term. By the way, I have looked at my long term core position which I hold in a gold fund. BGEIX. It has doubled since I started it two years ago. I am pleased with it and do not intend to sell until I think this cyclical bull in gold is over. So these remarks are related to my trading account.

Little joe

Little joe
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