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Strategies & Market Trends : Ride the Tiger with CD
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To: Louis V. Lambrecht who wrote (2931)1/24/2004 10:02:50 PM
From: Proud Deplorable  Read Replies (1) of 313771
 
Juniors are a good way to hide from the broader markets and any selloff.

Those who invest in juniors have a higher reason than those who invest in the seniors as most of those are what they call the weak hands, the average public who is stampeded easily.

I do not believe, as do some, that if the broader markets crash that it will bring down the juniors as there is nothing to support this. I can see a bit of selloff in the seniors but this will depend on the price of gold, something that good juniors are not vulnerable to unless gold goes below 350.00...highly unlikely in a commodities bull market as we have where China and India and some others need all the metals they can get.
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