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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (32008)7/30/2002 6:01:23 PM
From: TATRADER  Read Replies (1) | Respond to of 59879
 
hi Richard,

I jumped back into gold stocks on Friday, then sold most of them on the Monday jump...Still holding GSS and CDE....
I agree with your perception that the Lows will be touched again...I think some mutual funds were trying to time the bottom, felt that the last dive was it, and started to recommit...Or it was the Plunge Protection Team, spearheaded by JPM and friends...lol...

I still have a downside target for the DOW this year of 6700..just revised it from my 7000 target I gave to this thread several months ago)...The neckline of the DOW has been broken significantly at 9000, and as I told Rashid several days ago, the bounce would only be to the 8750 area....

Ok. I know you hate gold, but how about Silver...Right now I have 23,000 shares of CDE that I just picked up....I am looking for a target of 4.00 before the end of the year....
Someone told me that Bill Gates, George Soros, and Warren Buffet like silver bullion or silver stocks here...Maybe I am being fed a line, since I don't follow fundamentals....
Fundamentally speaking, any reason to own some silver here...thanks

Mark