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To: patron_anejo_por_favor who wrote (227913)	3/13/2003 8:32:11 PM
From: GraceZ	Respond to of 436258

Yes, shockingly enough, when gold was at 380, the returns on my gold portfolio were higher than they are now, with gold at 335...<G> Now imagine instead of buying on the way down from 380 you sold on the way down....then figure your return as of today. If you're right about it going higher then 380 (the definition of up-surpassing intermediate highs) then you'll be able to buy at all the points you bought between here and there....unless you think it's gonna gap up there. -g- If you are wrong about it going past 380 then at least you didn't make the trip with nothing to show but some shiny doorstops.