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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: ali who wrote (42200)10/5/1999 4:06:00 PM
From: John Paquet  Respond to of 116815
 
As I said every security, commodity like gold, option on future, on stocks or on stock index does involve risks.

So the best strategy is profit taking procedures by locking your profits and wait for the market to go down then buy back. For example gold moved from $252 to $339 this early morning that is to profit taking. As gold moves along you profit taking along. But you have to stay on the right trend for example gold this rally is an up trend.

Unless you see the trend revesed like Dow from that 1,000 to 11,400 now from 11,400 to 10,000 correction to 10,400 then up and down down and up closed today right at 10,400.

John Paquet

There are amny factors regarding this gold rally, short squeeze is one of them.



To: ali who wrote (42200)10/6/1999 7:58:00 PM
From: Berry Picker  Read Replies (1) | Respond to of 116815
 
Gold will go back down Don't make any long range plans because of a little hick-up :-}
These guys need to make money and the majority can't be right!
Who would pay them ???? ( GGG the biggest grin in the world GGG)