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To: No Mo Mo who wrote (46546)12/12/2000 10:56:50 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
just remember not to get married to mining stocks...as a rule, one should sell them when their outlook seems brightest...that's usually the top of the cycle. clearly they are now near the very bottom of same. note: in the precious metals, the rallies are faster and than the bear phases...huge, fast moving rallies, lasting a year or two, followed by grinder bears lasting 5-7 years. at least that's the experience since the beginning of the secular bear in 1980. i'm looking for the rally phase to re-accelerate soon...