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Strategies & Market Trends : Investing for the Long Run

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To: loantech who wrote (33)	7/2/2007 6:18:47 PM
From: tyc:>	Read Replies (1) of 68

blog continued. >>Yes it will happen in your lifetime (i.e. gold will significantly outperform S&P500.) I mustn't even smile ! Note the date on this posting from CC and the last two lines replying to my statement "the S&P500 is my gold". Message 18416789 Well I still feel the same way, and I am still waiting for that forecast disaster. It's certainly true that the dollar has weakened, but that has caused assets to be priced higher (in dollars). More later on that topic. I still intend to spend 300x XSP on WGI tomorrow morning. I'll no doubt end up with fewer shares than expected, but we'll see then what happens to the programmed plans. I note that you confess to be just now breaking even on your investment in WGI. I wonder if you would tell me when it was you made the first purchase? I'd like to back-check to see what would have happened if you had adopted the strategy I propose.

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