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

To: Ahda who wrote (90697)	10/19/2002 5:20:22 PM
From: goldsheet	Read Replies (1) \| Respond to of 116796

I have become better at telling when to get out (June 4 @ XAU 90, September 4 @ XAU 75) than picking points from which to go up. Of course, I hope some realize avoiding losses and taking profits are important money mangement tools, so maybe I still perform some useful function on GPM. Gold probably isn't going back under $300, nor back over $330 this year, but the overall bias remains upwards. Gold stocks looks cheap relative to gold, so I would BUY SOME just in case we do go UP - downside risk from XAU60 is very minimal. Hope some folks caught my suggestion to buy base metal stocks over a week ago. Although GPM "off-topic", base metal stocks are important indicators of economic cycles, not to mention you would have made some decent gains !