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

To: SliderOnTheBlack who wrote (27413)	2/4/2003 10:32:17 AM
From: loantech	Read Replies (1) \| Respond to of 36161

Risk or trend or trader of the day award! LOL! My PF backs up my buy and hold over the last year plus plus. Of course I have not held, I have rotated within the mining group as I have taken profits on individual issues but have remained fully 100% invested in mining (or exploration) shares. If timing and day treading are the way to go you can get more movement and volatility by just trading gold futures. That is for those who can spot those daily and weekly changes. Tom

To: SliderOnTheBlack who wrote (27413)	2/4/2003 10:35:50 AM
From: LLCF	Respond to of 36161

< Frank ["maybe your portfolio hit an all time high but it did it at a much higher risk level..."]> Not disagreeing but interestingly the eggheads would have said my portfolio 2 years ago was increadibly risky consisting of mostly gold stocks... the likes of HGMCY [$4.50], DROOY [under $1, YUK!], NEM, HM, GNG, and more juniors... you get the picture. "ON PAPER" things can be risky, but not be. ON paper, buying silly cheap stuff in the 30's was off the risk map up in the corner somewhere. DAK

To: SliderOnTheBlack who wrote (27413)	2/4/2003 10:46:27 AM
From: re3	Respond to of 36161

do you have faith in FIAT money ...

To: SliderOnTheBlack who wrote (27413)	2/4/2003 1:01:30 PM
From: mishedlo	Respond to of 36161

that's only happened 2 times in the last 27 years folks... Duh... Is that because we were in a 20 year gold bear market? I am not dissing you here, because your calls to take profits have been 100% correct. Looking at the last 27 years as if that meets current conditions however is silly. You should be loading up on tech calls here if the the last 27 years were relevant to today. Look at the huge diccount you can ge on the Naz from 5000 to now. Has to be a buy buy your arguments. I have no idea haw far gold can run and I am very disappointed in gold stock performance here. What I have been doing is keeping a core position and selling some when it rises and trying to buy some back in lower. M

To: SliderOnTheBlack who wrote (27413)	2/4/2003 2:13:56 PM
From: Fun-da-Mental#1	Respond to of 36161

"only twice in the last 27 years have we broken out of present $350-$380 POG into that $425-$450 upper band" Yeah but according to this inflation data: oregonstate.edu, $400 27 years ago equals $1200 today. Fun-da-Mental

To: SliderOnTheBlack who wrote (27413)	2/4/2003 3:51:41 PM
From: Claude Cormier	Respond to of 36161

<We had VERY few threadsters here on record for selling <into the parabolic Jan to May 2001 run to HUI 140-150 the <first time. That run ended June 4th 2002, not May 2001. This is what we wrote on that date: "Short term oriented investors should have already taken some profits and be possibly as much as 50% cash to profit from a possible correction and be ready to go 100% invested if we solidly explode past the $325-$330 level" <We are now in a HIGH RISK - low/moderate Reward environment imho.> Possibly. No doubt gold is extremely overextended. But this could be the sign that the mother of all bull hast started. If we get above the 1996 high on this move. That will be it. But we are again cautious and trimming positions on the some expensive producers. However, not everything is expensive. Many stocks are valued like for gold $325.