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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: chowder	3/29/2005 3:49:10 PM
	Read Replies (2) of 206326

I hope nobody is on margin. OSX: stockcharts.com[h,a]daclyiay[d20041229,20050329][pb50!b20!f][vc60][iut!Lah10,30,5!Lc20]&pref=G XNG: stockcharts.com[h,a]daclyiay[d20041229,20050329][pb50!b20!f][vc60][iut!Lah10,30,5!Lc20]&pref=G The trend is down and doesn't bode well for those on margin. Buying dips is one thing. Holding margin while the sector is in a down trend is another. Your losses multiply exponentially. Any stops in place, (mental or physical), in case the inventory numbers don't give the sector a boost? It might be best to put a strategy together tonight before the action takes place tomorrow. Have a plan for a bounce and a plan for a drop. That way you won't be caught off guard. dabum

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