Buy,Sell,or Hold, average down? Message Board

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Gold/Mining/Energy : Buy,Sell,or Hold, average down?

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To: Tom Harrington who wrote (13)	10/24/1996 8:02:00 AM
From: Ron Pitts	of 26

Gee. Tom, Rairly, (sp) am I mistaken for a gentleman, so thank you,I am not a good person to judge if the gold is going up or not as I am a gold bug and often that gets in the way of me seeing the rest of the markets opipion. But as I see it Tom the worst is over for gold the medal, ( have no doubt the fundematials(sp) have turned in i;ts favior, but with the jr. gold market as week as it is I see more tax loss selling to counter the big gains in other market this year, unless (with a few exceptions) gold goes over 400 before the first of the yr. I think that is what it would take to counter act the slide in the VSE> at this time of the year. After the tax selling is done I think were are in for a ride!!! So I keep a little powder dry for nov./Dec. We may not have much Christmas here but we will be buying Jr.Mining stocks with both hands if the market insists on giving them away. Thanks for your postTom. Ron Pitts Guess the kids get mining stocks for Christmas!!

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