Gold -- the eternal short? Message Board

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Strategies & Market Trends : Gold -- the eternal short?

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To: Mark Nelson who wrote (89)	9/26/1997 5:26:00 PM
From: Ed Pittman	of 114

Mark...Be carefull of the puts on the S&P...But, you did well on your XAU..glad you got out on Thursday... now a little pull back then your run back up...Be carefull after that... Well Mark you sound like a good trader... I know one person that bought Gold bars and holds it in his IRA...Well that was several years ago...He is hurting now..Plus the storage fee...So, i don't like that idea..Just yet. WHEN...Gold makes its real move not these little blimps...Gold stocks will perform best IMHO and when after they have washout the Jr. they will even make large moves....After we reach a level, I think it will be best to own the metal.. Obcourse that is several years away...Good luck with your trading and investing...Ed

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