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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (10553)10/13/2002 9:04:18 PM
From: Lone Ranger  Read Replies (1) | Respond to of 30712
 
mish,
According to iquatro, max p spx is 850-860.
iqauto.com
We closed at sp500 835.32 Friday. qqq max p still 22.
qqq closed Friday at 22.22. Doesn't look like too much of a run is left for max p to work. What say you Mish? tia



To: mishedlo who wrote (10553)10/14/2002 12:06:47 AM
From: jjkirk  Respond to of 30712
 
OTOT gold...Mish, IMVHO gold will appreciate more as dollar denominated investments erode...there are many gurus writing on gold...check out the "Follow the Money, by Richard Russell, Oct 11.... 321gold.com ...
My own short take on it last Fri... Message 18104263

Re: Funds, TGLDX is the only gold fund that Schwab rates medium risk...all others are higher risk...don't know why...TGLDX's top hold on 3/31/02 was Newmont! Ha!.. Be that as it may, my only gold fund is TGLDX and everybody in my family has it in their IRA. biz.yahoo.com -- quicktake.morningstar.com

This article will introduce you to the TGLDX manager, John Hathaway, as well as the SA mining controversy...
allafrica.com Hathaway knows his subject well, he will be around for awhile...I sleep well at night with him handling about 10% of our IRAs...

more by him if you really want to learn more about the subject of gold manipulatin... tocqueville.com

I have more RGLD in my margin account than all the TGLDX in the IRAs combined. Other than hedge funds, it is my largest holding...jj



To: mishedlo who wrote (10553)10/14/2002 12:08:41 AM
From: augieboo  Respond to of 30712
 
From: SliderOnTheBlack Sunday, Oct 13, 2002 5:01 PM
View Replies (1) | Respond to of 20235

Loantech..re: Gold Stocks
I think most of us like the usual mainly unhedged suspects:

NEM GG AEM GLG MDG KGC - No Amer Golds

HGMCY GFI DROOY - So African Golds

PAAS CDE HL SIL - Silver Stocks

FCX - gold/copper - huge reserves...discounted due to Indonesian political risk...which may get worse.

I don't follow the small/micro caps/ Jr/Explorers as much as others do... small caps - KGC/DROOY CDE/HL give me plenty of volatility & leverage.

For an initial entry/basket - If I had to limit it to 5 stocks - perhaps NEM GG HGMCY KGC PAAS....weighted in that order; which gives you some Lg/Med/Small Cap balance; with No Amer weighted safety, but a little So African/small cap leverage; with PASS as imo, the most solid/safe risk vs reward Silver play.

Go slow, be patient, don't get greedy; ease into this pullback - use & gap limit buy orders if this is an intial forray into the sector.

Good Luck