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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST

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To: Broken_Clock who wrote (13673)6/23/1998 9:44:00 AM
From: Bucky Katt  Read Replies (1) of 116764
 
PK--After Bre-X, Desert Dirt, now KRY, and a host of other set-up scam jobs, and many going bankrupt, no one is going to want to be the first one into the shark infested waters. This industry has shot itself.
Think about it, ask some friends what they think of the mining sector. Their response tells the mood of the market. (Scared of it)
I used to trade stocks like Alta, Miramar and some others every day.
But even I am not going to touch these things until they start going up. Don't want to go short the big boys either. Trying to pick a bottom here is like looking the grim reaper right in the eyes.
Of course, there will be a time to buy. Not yet.
Instead, I have been playing with oil sector the past 7 trading days, and making $$.
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