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Strategies & Market Trends : Ride the Tiger with CD
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To: Proud Deplorable who wrote (7310)4/25/2004 8:23:12 PM
From: Claude Cormier  Read Replies (2) of 313156
 
R-E

<All I can say to those who are selling out is BYE BYE.>

You have to remember that markets can be disapointing. Gold could move $10-$15 from here and then reverse to new lows and stay there for months or even a year. ONly the long term can be certain.

IMO, better to follow the trend. Trying to preceed it is difficult and can be very dangerous. In other words, increase the cash position when support is broken, increase the gold stocks when resistance is broken. DOn't try to catch tops and bottoms.
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