Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (38175)	5/7/2002 11:14:49 AM
From: Clappy	Respond to of 209892

How's things on the porch? Hope they have not been buying the dips. I think many of them are in cash and waiting it out. Voltaire returned for a day or two buying TYC on the dips. A few like myself have converted over to the PM's/ gold miners. That alone though gets me to question how long this gold rally can last. <g> <ng> If you look at $HUI/$XAU it's doing the same thing as the techs used to do. You could almost adapt a buy and hold religion about them. No matter how overbought the chart gets, I keep seeing people jumping in on every dip. I've lightened up a little on my miners but still have more than I've sold. I've seen many of my indicators around SI recently pounding the table for gold. It really begins to screw with my mind. On one hand, the general public has not embraced the idea. However, I've been seeing CNBC talk about the sector more often. They even added a little gold bug ticker in the mornings... I guess when I see one of my favorite market indicators on SI change his name to "Gold Spirit" I'll have to reconsider the rest of my holdings. -ClappyTheRecoveringClown