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

To: Roebear who wrote (12778)	6/19/2003 1:26:20 PM
From: TrueScouse	Respond to of 39344

Roebear: <<I haven't seen the summer pm bull rally syndrome mentioned on a thread for a long time>> The long term charts speak for themselves... Let's hope that this is one of those years. A repeat of 1982 would be very nice -- when the POG went up $94 in July and August! <<leaves me about 90% pm stock invested currently>> Only 90%? <vbg> I'm not really much of a trader. I hold long term and focus more on rolling over profitable positions; e.g. sold 50% of IMA this week and put the profits into a bigger position in SVL. I also increase and decrease positions by playing the leverage between the percent change in the POG and the juniors. I expect it to exceed 5 to 1 in the next major leg up. If the bull really takes off above $415, at some point I'll sell at least 50% of my pf and shift it to something far safer. Meanwhile.... :^) Best regards, Howy