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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: LLCF who wrote (62441)12/1/2008 9:44:24 AM
From: ogi  Read Replies (1) of 78408
 
Hi Dak, I still want to be long gold but had anticipated this correction by little more than intuition.

I still think there will be selling in Dec for tax losses and doubt all the hedgies have finished selling either. This remains a trading market, perhaps around a core position but the remainder should be sold on gains. If we hold a core against higher lows we can be careful and still participate if the market slowly crawls higher.

Cheers,
Ogi
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