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Non-Tech : The Woodshed
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To: SOROS who wrote (4800)4/24/2004 10:46:26 PM
From: crustyoldprospector  Read Replies (1) of 60926
 
"...hearing so many previous gold bulls who chose to sell out on this drop, keep on and on with the negative talk in hopes of driving down prices..."

Maybe someone like a newsletter writer can talk down a single, thinly traded junior with a very small market cap, but who on this board would believe he could talk down the HUI? Some of us have been putzing around with miner stocks for 10 years or better, and have seen some BIG collapses (40%) along the way. I can't say this is a big one, but I can say caution is highly warranted. And, I say that while still holding 33% of my PF in miners.

The level of frustration and acrimony I read in some of the posts is telling me miner stocks are nearing a bottom, but we aren't there yet. When the acrimony gives way to silence, then I know a major bottom will have been put in.

Regards,

crusty
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