SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (4107)11/18/2001 1:30:53 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 36161
 
re: add to gold & silvers on all pullbacks

What would you suggest as the best vehicle to do that?

I'm considering NEM. It looks like, since mid-1998, it has spent most of its time in a horizontal range of about 16-25. Movements above and below that range have been brief. Do you think we'll get another chance to buy at 16?

I abandoned LTB&H in 1/01, and have been successfully range-trading all year, vigorously selling the January, May, and October rallies, while loading up on kinky go-go concept stocks like NTAP when the market is setting new lows. Dangerous, but it has worked, certainly better than LTB&H has worked this year.