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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: jimsioi who wrote (12667)6/18/2003 5:43:05 PM
From: jrhana  Respond to of 39344
 
Aren't all those white candlesticks a positive?

Never got around to going after those Chinese stocks

I agree, a slow grinding upward is the best way to go.

Thanks for trying to keep us all from flying too far from reality.



To: jimsioi who wrote (12667)6/18/2003 5:55:58 PM
From: crustyoldprospector  Read Replies (2) | Respond to of 39344
 
"I get really nervous when GOLD is underperforming the miners". That is exactly the opposite thinking of George Cole, who sees miners outperforming the metal as highly bullish. You know the story ... the stocks are supposed to move before the metal. As an earlier post pointed out, George was buying today.

regards,

crusty



To: jimsioi who wrote (12667)6/18/2003 6:02:42 PM
From: gold$10k  Respond to of 39344
 
Hi Jims,

I may be an optimist, but I think that my underextended choices might do quite well (or at least break even) while an overextended HUI goes sideways (or droops slightly). There's too much possibility not to have significant exposure to the metals, although I don't intend to go over 50%. We could still possibly see XAU 65 / HUI 125, but we have a triangle breakout on both indices which has persisted for a second day despite a serious pullback in the yellow metal... that's really bullish and this unexpected June rally has persisted IMO because it was unexpected and guys like me who don't have a full load are still buying.

Regards,

vt