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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: chojiro who wrote (88581)8/7/2002 4:11:51 AM
From: E. Charters  Read Replies (2) | Respond to of 116764
 
Not meaning to be tupicy, but what would you call cautiously pessimistic? How is it really different? So one guy thinks it might go down, but probably will, the other guy thinks it might go down, but could go up. One hedges his bets and fears a rally but can it be that bad? The other hedges his bets and fears a depression.

The optimist lives in the most fear.

And he is never pleasantly surprised.

Better to be a pessimist. You can be smug when it all falls apart and elated when it doesn't. If it doesn't last you did not expect it too.

Pessimists are happy. Optimists are manic depressive.

EC<:-}



To: chojiro who wrote (88581)8/7/2002 6:32:49 AM
From: long-gone  Respond to of 116764
 
<<At this point I'm, what do they call it?
"Cautiously optimistic"
That sums it up for me so far.
Both the xau and hui are setting higher lows and higher highs the past week or so
I don't see a break out happening soon at these levels so I just maintain my positions and try to remain patient.
If this is stage two, I'd like to see the hui move up to 130/135 before stalling and looking for a higher low.>>

Yeah, "Cautiously optimistic" pretty well describes me as well, BUT sure seems something is in the air. Action suggests we might see a price clearly north of that magic $330-338 stall range this year. Unlike you though, but not as fully as Bob, I'm trying trade the range a bit. I like assuring I'll score the dynamic dividends from S.A. miners by holding but will trade somewhat into but never fully out of the miners from the rest of the world.