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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (78578)	8/6/2003 6:52:43 PM
From: SwampDogg	Read Replies (1) \| Respond to of 209892

Yes...3 of (5) of I Things are getting pretty goofy though. I see that Eldorado just did a bought deal @ $3.10. Pretty hefty valuation on some of these. I am long some juniors but these will get smacked in Wave II. This is actually shaping up a little too perfect. Wave (5) of I in gold may finish off just as the general market does a nose dive. Gold profits can go into the general market as gold shares consolidate and then the big kahuna in gold is all ready in 2005 just as PEI projected many a year ago. Edit. I would expect gold equities to get hit with the general equity market after an initial ramp. I much prefer the short side of the market