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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: The Vet who wrote (9431)	7/11/2002 5:30:00 PM
From: Dave Gore	Read Replies (4) \| Respond to of 16631

Vet, I think you need to have a feel for where the rest of the Market is going to get an idea of where Gold and Silver are going. Unfortunately on most days they are linked in a converse fashion. I don't know where either in going in the next 3 months. I do think that when either pulls back significantly there is money to be made as the R/R improves. Yesterday, I said I thought the Biotechs could rally today and indeed they did. The index was up 16 points from yesterday's close. It's all about REWARD/RISK. When stocks or indexes get beaten down beyond reason, their R/R increases, and vice versa. You said: <Those are with me in HGMCY, GFI, DROOY, TVX, PAAS etc. Just hold, the good times are coming.. JIMHO of course... On the rest of the market... I can't even guess...>