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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: jrhana who wrote (24731)	1/4/2003 4:28:43 AM
From: jimsioi	Read Replies (2) \| Respond to of 36161

jrhana, trying to provide a suitable response Probably am getting a bit too bullish. Gets easy when declines are brought up to advances by the close and one has the occasional holding that shows a double on 30 minute charts....(see MNG) siliconinvestor.com .....gets to be heady stuff fast... I'm still left with the fact of how small the PM miner universe of stocks is and how much money could come to it if only a little outside it did. Gold mutual funds have but one tenth of one percent of the net asset value of all other equity mutual funds....What would happen if that were to merely double to two tenths of one percent due to money inflows...Gold is largely still on "ignore." Frank Capiola on Wall Street week was advising people to sell gold shares, as if he'd ever either advised buying or bought himself. Have to admit my caution with regards to PM miners saved me alot of money at one time. Time for that has long been gone.....now, pretty much fully invested, or as much as I'll get, it seems to mainly be a matter of holding on....Trader in me won't let selling opportunities go by completely, if at all should we reach into the over bought zones on the weekly charts......but darn I'm going to try to do what the big money makers did in the internet stocks....be blind till the end, then sell and walk away....in my dreams......in all our dreams, surely. jims101.