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Non-Tech : The Woodshed

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To: jrhana who wrote (3983)	4/19/2004 2:53:30 AM
From: paul ross	Read Replies (1) of 60926

The question now for all long term holders is do you get out of the market if it continues to decline or do you hold on. The 70's whose pattern I think this gold market most closely resembles had a violent downside brake about 3 years in (1975)...What would the sell signal be? A failure of the 200dma to hold, a 20% decline from here, a break of 3 year uptrend line??? It looks as though we may go lower from here with HUI,NEM,GLG exhibiting "stair stepper" pattern, one that seems to mostly indicate a decline: finance.yahoo.com^HUI&t=3m&l=off&z=m&q=b&p=,m50,v&a=m26-12-9,ss,v&c= finance.yahoo.com finance.yahoo.com **************************** Marlins may repeat but the only downside to that is that the Yankees will be buying all their stars over the next couple years...Red Sox so far are looking mediocre. 'Course 20% of starting team on dl...

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