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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 457.82+1.3%Jan 23 4:00 PM EST

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To: orkrious who wrote (933)12/4/2003 10:42:59 PM
From: Andrew  Read Replies (2) of 29622
 
This is why I will hold a select few juniors.

The majors I can flip in and out of easily.

From the way I see the charts and feel the market gold shares are overbought.

This is why I beat the the returns of the gold funds, I am much smaller and nimble <VBG>

I sold my positions in all my majors in a few minutes on Tuesday. I can buy them back just as easy.

One should never feel that there is risk of being left out. As a trader I have learned never to allow myself to feel this way. Their is always another Bus. At these valuations PDG AGE BGO K and G are not going to run away from me.

On the other hand I would not sell AZS, it might be hard to buy it back suddenly.
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