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

To: waverider who wrote (14980)	7/1/2002 10:19:28 AM
From: Frank Pembleton	Respond to of 36161

Yes, agreed - there would come a time when it would be prudent to "reduce" but not completely sell these positions. FWIW, I'm not using the precious metal sector as a hedge for my long positions in the broad market. I have no long position in the broad markets... I'm fully invested in the PM sector to become rich, and I'm betting, gambling or whatever else you want to call it - my own tolerance for risk is much higher than normal because of my 1) age... I'm only 38 and can easily start over again -- 2) My trading software is like Nintendo to me, in other words I think this is fun... So please be careful on getting any advice - especially from me. :) Regards, Frank P.