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


To: Zardoz who wrote (45539)12/3/1999 4:26:00 PM
From: PAUL ROBERTSON  Respond to of 116764
 
so much for the ignore theory.

Not yet, but another day or two like yesterday, i will. Stops still in place at which point i figure that i will lose a chunk. That's life. Early corrections are like that. On the other hand i looked a gift horse in the eye near the highs and took a pass. Have 3.5 units on my pyramid of which .5 was sld at higher levels. All units put on at 68 level or better with the bulk at 58. Hoping for a spike low in around $273 next week but have a funny money feeling it is not going to happen. Starting to get that warm fuzzy feeling about gold again where $5 down days don't bug me when i think we are going to be chewing on $50 up days shortly.
It is funny, i always knew one day soon the world would be awash in mounds of paper, just did not think it would occur like this. Imagine if the world eco goes into a protracted down turn and they have to print even more. Mother nature is knocking on AG's door harder every day. Bet the Jordanian and Kuwaiti stockpiles are beginning to get a little low if they are not already gone. What a biter for the institutional group. Must kind of be like juggling while they keep throwing more objects at you. My guess is the jugglers will pack it in big time around Feb.

paul



To: Zardoz who wrote (45539)12/3/1999 7:18:00 PM
From: Lucretius  Respond to of 116764
 
LOL! year ain't over yet, but i think we'll see 275 spot before the rally starts; don't know if we're going to make it by the 31st or not... just keep pounding your chest though... i just love arrogant clowns when i am taking the other side of the trade... HO HO HO.