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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: koan who wrote (9526)4/22/2006 2:20:36 AM
From: jackjc  Read Replies (1) of 78419
 
Yeah, I was there too, and the day that gold was way up and
hit 418, and the stocks were flat, I sold Newmont and Placer
within 1/4 of the top.

AND that was easy because I always thought the majors were
overvalued. BUT I kept all my jrs like TVX at 12.00 etc
and rode them all the way down.

NOT a disaster as had very little cash to put in my fav
gold and silvers in that bull.

Riding these things up to 5.00 to 10.00 and back down again
is what the vast majority of investors will do and must do
or they will not get to those prices.

This time I have a substantial gamble and have been in
starting at HUI 65, down to HUI 35, and back up to HUI 350.

I will not get any where near the top where ever that is, and
I don't need to. As the heavy buying comes in to these things
one by one, I will be leaving plenty for the next guy.
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