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

To: waverider who wrote (14619)	6/20/2002 3:41:28 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 36161

So nice when a plan comes together. Congrats to all the recent dips buyers in gold and silver.

To: waverider who wrote (14619)	6/20/2002 3:49:30 PM
From: waverider	Respond to of 36161

Well, we filled that gap on the XAU. Now lets see if it will hold. wr

To: waverider who wrote (14619)	6/20/2002 4:23:30 PM
From: willcan	Read Replies (1) \| Respond to of 36161

wr >>OK, the FIRST thing you need to do is access WHY you bought this past month. Was it for a a long term thing based >> on the overall condition of the equity markets? Or did you jump on the band wagon after the party was slowing down >> and now are worried about what happens next? Yep.. both... that's the rub.. <gg> Plus I expect nasdaq to go further south, so this played the other side. >> It is critical that you make the above determination for the future health of your portfolio. 1st got HGMCY @16 (5% port) for a bit of trade and to be "in" if there's a pop, then watched it hit 18 then drop.... doubled up @13 Traded BGO - small loss then back in @1.20 >> If you can still hold if the XAU corrects down to 73, then don't worry about it. If you think a more serious correction will >> cause your emotions to bail, then set your stop losses now and don't stress. Seems consensus is that there will be a correction. So if its going to 73 shouldn't I bail and then wait until then? Problem is to pick the stocks that will respond and ignore ones that won't and since there's been such volitility I have no real clue. >> Just a personal perspective. And a good one. I appreciate it. Thank you. BTW Sold hgmcy at eod. Sure to bounce now !!! ;=}