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

To: Eashoa' M'sheekha who wrote (46431)	12/31/1999 8:36:00 AM
From: Rarebird	Respond to of 116796

<Where do you go when you lose hard earned money in a half hour for rehab?> 1) To The POLY Bull Threads on SI 2) To the Liquor Cabinet 3) To My Poly Wife Who will tell me you just have to buy and hold. HO HO! Seriously, it always pays to hedge your positions, however bullish or bearish you are at the time in regard to a particular sector or the stock market as a whole. I think it's wise to hedge a Bearish position with a 10% weighting in Internet stocks. Conversely, it's wise to hedge a bullish position with either puts or a 10% weighting in Gold stocks. Sometimes the hedge could actually put your portfolio in the black, if your wrong in your Primary Outlook. In a Mania, it pays to go with the Maniacs once in a while.