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Gold/Mining/Energy : Precious and Base Metal Investing

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To: russwinter who wrote (18845)	8/31/2003 11:04:22 AM
From: orkrious	Read Replies (1) of 39344

you may very well be right on the correction, but I am a big believer in what russell says about not trying to trade in the early phases of bull market. buy em and hold em. you will often make money getting out and getting back in, but one day you will miss a big move. I do however, find his calling a market that has advanced 500% in less than three years, a "new", or "the beginning of" a bull market, sort of fuzzy thinking. he's been calling this for a long-time. it has moved a lot, but he thinks it's still "early." that only means it has a long way to run. I remember when slider called for a correction some time ago. he was wrong. I have big gains in my gold stocks which I don't want to give back, but I think with all of the economic problems, there is more risk of missing upside than downside. fleck thinks that in the next 90 days when it becomes apparent that the recovery is a mirage and greenspasm is an idiot there will be a mass exodus from the stock market and a huge move into gold. I am going to be there whenever it happens

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