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Strategies & Market Trends : The coming US dollar crisis

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To: carranza2 who wrote (25079)12/1/2009 2:42:50 PM
From: Real Man  Read Replies (1) of 71405
 
It's a good strategy, especially with gold, which can easily
go from very exuberant to extremely exuberant, and one can
miss significant upside. Unfortunately, it does that both ways.
I'm just doing Jim Sinclair's strategy of gradually selling a
third of pm stocks into strength when it gets too exuberant,
then buying them back, while keeping the core. Kinda makes you
less nervous on the other end, when gold price drops $200 and
everyone says it is now going to zero. Nothing repeals the laws
of that market, and even during the biggest mania it will drop
sharply at some point, testing your resolve. Last year was
quite a dump, and gold never violated the long term bull market.
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