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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: StockMiser who wrote (312)1/4/1999 11:39:00 PM
From: HiStakes  Read Replies (1) of 48092
 
Exactly what I'm doing. I'm slowly going to all cash except for gold stocks (25%). My plan is to get this all done before the end of the second quarter. My feeling is that the Y2K problem is much overblown; although we may see a couple of disasters. However, I think the closer we get to year 2000, the more crackpots will come out of the woodwork and into the media and people will start to panic about their money. I will only be daytrading in the last two quarters of 99. I expect that this time next year I can pickup some real bargain blue chips, plus make a tidy sum on gold. To me, this seems like the greatest opportunity in many years to make a killing in the markets with the right strategy.

That's the plan anyway... we'll see if it works I guess. At least there should be minimal downside to this plan. However, with my luck....markets could simply scream onto new highs <GGG>
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