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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: TheBusDriver who wrote (12968)	5/23/2002 9:59:05 AM
From: isopatch	Read Replies (1) \| Respond to of 36161

Hi Wayne. Yes, sold into that yesterday. Energy not looking good either, so far today. Just staying nimble for the moment with a nice cash stash and some core holdings. Don't suggest anyone else on the thread do what I do. Buy and hold is best for most in a primary bull market. But whatever style folks have? They should stick to it and not try to swing with other posters. Win or lose, I stick to my own work exclusively. That's the only way to improve your investment/trading skills, no matter what you style may be. Hope everyone else does likewise. Isopatch

To: TheBusDriver who wrote (12968)	5/23/2002 12:03:00 PM
From: Michael July	Respond to of 36161

Agreed...does look parabolic...over the short term. From a chart standpoint gaps typically get filled. Don't get me wrong, I'm in agreement with everyone on this thread that gold is in a primary bull market...has been since early 2001, but I'm wondering if we are due for a sharp but short correction. Much of my money is being tied up in buying a home. Hope to funnel more into the yellow stuff soon. Noticed in the KC paper today that the government is speculating that the terrorist groups may be converting their currencies into gold. Trial balloon or ground work being laid that if gold goes to the moon they have a palatable method to confiscate gold? Pre-1933 gold anyone? My main concern with that is the counterfeit problem.