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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Jon Cave who wrote (90493)	4/30/2001 12:29:16 PM
From: isopatch	Read Replies (2) \| Respond to of 95453

Jon. Per you losing $ in golds 6 mo ago. Per my posts some time ago, got stopped out of 2 med size gold positions early last Oct with ST losses. Occasional mistakes and the losses they generate are a normal part of the game. Key is to cut losses quickly, accept you error and just move on without holding onto negative feelings. My conclusion at that time was to sit on my hands till I got more definitive evidence that a major turn in the PM stocks was occurring. Was satisfied that was the case a few weeks ago and began aggressively averaging into AEM, GLG, HM, HGMCY and MDG. Now, well positioned in size, for the major move I've no doubt is directly ahead. Don't plan to do a lot of ST trading. Will mostly just add on good dips. Re: rest of market. Even after weeks rally?! Sentiment is only beginning to turn among some of the opinion leaders on the various market timing threads. Beginning to see more and more comments like this. "makes me wonder if at least an intermediate floor is not in place" IMO this isn't a concern, yet. But when they turn really bullish it'll be time to lighten a few positions.(g) Still losta players fighting this rally. So, though we could see some consolidation after the first few days of May, expect the rally to resume thereafter. This is shaping up into another very good year for me. Good luck with your trading. Iso