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

To: gold$10k who wrote (13137)	5/23/2002 11:19:25 PM
From: inchingup	Respond to of 36161

valutrader: I tend to agree with you about trading at this point. IMO my two major holdings, KGC and BGO had run way to fast. Earlier today I added to the SSRI holdings and before the day was over closed out all AU positions. I have no intention of sitting on the sidelines though as KGC and BGO had decent trader style volatility up to about a week ago when holding became the better option. With 10% or better moves in a day I am going back to trading until a new and sustained pattern emerges. Hopefully the volatility will add considerably to our profits in the gold rush of 2002. I hope everyone can appreciate what Slider has done for us. This is an exceptional board with exceptional posters. Working together has made everyone happy. Pretty soon we might even be wealthy! (VBG)

To: gold$10k who wrote (13137)	5/24/2002 12:32:07 AM
From: rails99	Read Replies (1) \| Respond to of 36161

VT: Think you said it about defensive attitude. I just worry I am too defensive. Giving too much to the broker on commissions is a big concern. You sure are right about that allowance for taking more profits home than not. Been putting proceeds from producer trades into the explorers in the recent past. I suppose that little rotation trick is quickly reaching the limits of success; a point where it will not work, on sector pullbacks; to rotate from the large/mid cap miners into the small outfits, etc. Thanks again for your comments. Much appreciated. Rails