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


To: re3 who wrote (27846)2/9/2003 8:14:00 PM
From: Frank Pembleton  Read Replies (1) | Respond to of 36161
 
retired... fwiw, I reckon Slider has been talking about "smart money" and the distribution of gold shares to the common investor. Kinross is a great example of this-- presently the stock is trading within a narrow channel (market tops always act in slow motion) but check out the A/D line:

stockcharts.com[h,a]dboayyay[db][pd20,2!c13!f][vc60][iuh14,3!lf][J10169308,Y]&listNum=4

I gathered he doesn't think it's worth the risk to hang on until the music stops-- personally I think a "gambling" with a small position is alright as long as an investor understands the risk.

Regards,
Frank P.



To: re3 who wrote (27846)2/10/2003 12:51:17 AM
From: Elizabeth Andrews  Respond to of 36161
 
The American fiat is the second best of the many many bets available. It's just not the best one right now.



To: re3 who wrote (27846)2/11/2003 4:10:47 AM
From: SliderOnTheBlack  Respond to of 36161
 
retired: ["perhaps you are not as sure of your decision to sell most of your gold stocks as you are trying to appear to be."]

...usually right, occassionally wrong; but never in doubt, or "not sure".

In case you haven't noticed...they're going D-O-W-N.

- so it was written, so it shall be done ~

tic-toc'

PS: quit using the "XAU" - the XAU is now a hedged, copperized, polluted, irrelevant index...use the "HUI".