Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: bcrafty who wrote (62330)	12/30/2002 11:10:34 AM
From: yard_man	Read Replies (2) \| Respond to of 209892

we could always revisit POG == 325, but consensus is a return to those levels -- I would look for the dip to happen when bombs start falling -- many folks think it is 'over' for gold when bombs start falling -- I expect that to be wrong in a major way. My crazy view is that we have to leave the prior highs well behind (to the upside) before we get that major correction and that golds will come back to about here or just a little bit lower on that correction. No way would I sell here. I think folks who aren't day-traders and want to play them should just buy puts on rallies and figure it is the cost of doing bizness ... giving up a little that way is lots easier than missing the next big move up, by timing it wrong. Many thought to time it when HUI was sitting around HUI == 80 and missed that first big move -- this one will be better than that one, IMO.