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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (95108)	5/23/2003 12:16:01 PM
From: goldsheet	Read Replies (1) \| Respond to of 116836

> Even the hard core posters and threadsters are getting either bearish or ambivalent I've never been afraid to walk away from a dull market and do something else. After being completely out for several years, I came back in late 1998 to trade only ABX in a sideways market for two years, switched to investment mode from December 2000 to June 2002, then went back to a trading mode with GFI for the rest of 2002. Have not made a single gold trade in 2003, gold stocks are not volatile enough, they seem disconnected from bullion, and overshadowed by currency concerns. My experience tells me one REALLY needs to be in gold stocks about 25% of the time (Actually 18 months out of the last 66 months = 27%), the other 50% is OK if you are a trader, and the other 25% completely out or short if you have the cajones. Doing nothing is a viable third option often ignored, relative to getting the action of buying and selling. I never confuse activity with progress, sometimes you are just wasting a lot of energy rearranging the furniture ;) You know there are other sectors in the stock market ?