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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Alan Whirlwind who wrote (14045)	5/20/2002 6:34:16 PM
From: sea_urchin	Read Replies (2) \| Respond to of 81438

Al >in hindsight one should have anticipated these new highs once gold stood its ground for so long at $310 like a stone wall. Perfectly true. I have learned, however, not to have any expectations in the market. My approach is to identify an up-trend in a good stock and ride it --- and hope I can see when it ends --- if it does. Since I'm not a trader it's conceivable I could be with a stock for many years. Accordingly, it helps to be patient and not to be greedy or frightened. I don't say one must marry the stock but one must be prepared to be with it for a long time. At the moment, there is no sign that the up trends on gold/stocks are ending --- on the contrary --- there is every reason to believe that the bull run is still developing and may even be in its early stages. In fact, looking at the long-term chart there's every reason to believe that it could go on for many years. So, all one has to do is ride --- remembering, of course, that it's a ride on a tiger! PS. Looking at Prof Bob's charts, it would seem the XAU has still a fair way to go before it reaches previous highs (+/- 150) goldsheetlinks.com