Clown-Free Zone... sorry, no clowns allowed Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: yard_man who wrote (263596)	10/13/2003 5:47:43 PM
From: ild	Read Replies (2) of 436258

Time to Get Positioned Author: Jim Sinclair Prices have shown considerable volatility in recent weeks but the internals have strengthened lately and it’s time for Comets to get positioned. The gold market is building momentum thanks to a new group of buyers and rest assured they aren't our crowd. I see so much incoming that I have a good feeling for the Community overall and these new outsiders. The new demand coming into gold shares has nothing to do with the old gang. These were the people, along with their gold advisors, that capped the rise themselves for no other reason than the fact $400 gold was coming. I have seen some lame reasons for hitting the road but $400 must be the weakest yet. It equates to: 'I can't stand prosperity so I am getting out before I really become rich.' The reason the buyers are paying up is because most of our crowd did not sell into weakness after they had sold into strength and turned that portion of their core position into cash. Now is the time to get ready. The point is not simply to replace what was off-loaded but to replace only the strongest issues. That means you keep those that performed best in the last rally period because they will likely be winners again. Performing best can be simple. For producers, run your choices on www.bigcharts.com which offers the ability to enter your situation and compare it against other issues or indexes. You might run your situation against NEM or GG among the producers and use the same strategy for your speculative issues. The entire gold share group is looking quite bullish from here. Hang on, the ride is going to start again and it's a new crowd that will make the difference this time. This entire scenario reminds me of the pre $400 period in the 70's. jsmineset.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next