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


To: Rarebird who wrote (74460)8/4/2001 2:21:40 PM
From: Crimson Ghost  Respond to of 116756
 
If you want to stay short gold when the commercials are radically reducing their short positions -- good luck to you.

Given the collapse in lease rates I do not expect either gold or gold stocks to do much on the upside near-term. But I would not dream of going short at these levels. Time to buy the dips and wait for the next eruption.



To: Rarebird who wrote (74460)8/4/2001 7:49:58 PM
From: Zardoz  Read Replies (1) | Respond to of 116756
 
"Bulls and Bears make money."

Isn't the saying:
Bulls make money, and bears make money; but pigs get slaughtered.

But shouldn't it be more like this:
Bulls make money, and bears make money, pigs get slaughtered; but those that hedge make the most from all the beasts.

Hutch
Happiness is a trader that can't loose.