Natural Resource Stocks 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.

Strategies & Market Trends : Natural Resource Stocks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: isopatch who wrote (3700)	11/20/2003 10:08:38 PM
From: crustyoldprospector	Read Replies (2) of 108604

Holding 17% cash. Sold BEGBX on Tuesday for 5% gain, as the EURO gets close to an IT. Dumped a fair amount into BEARX the past few weeks (now 18% of PF). Raised PM holdings this week (INM-v and MDW-v, which I got today at 1.45) for company-specific issues, not because I think gold is headed for $500 next month. PMs now at 47%. BEARX: generally, it has been going up with the market when gold stocks are cooking, and going up against the market when stocks drop. Look at this chart: bigcharts.marketwatch.com Although a touch of the 21 DMA is due, generally, I expect BEARX to stay on this uptrend, as I doubt gold will pull back significantly until general equities break. When the break comes, it should rock. crusty

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next