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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Little Joe who wrote (213)9/12/2003 10:59:56 PM
From: gold$10k  Read Replies (1) | Respond to of 29622
 
Little Joe,

I would say that there is not a sign of a top, but long in the tooth plus a hint of a top is enough for me to want to protect my profits. <g>

Best,

vt



To: Little Joe who wrote (213)9/12/2003 11:51:03 PM
From: Andrew  Read Replies (2) | Respond to of 29622
 
Actaully most every gold article I am reading claims that gold is going higher. I see targets like 402 and 393 and 398, LOL, I wonder where and how they arrive at their numbers. I haven't hardly seen anyone calling for gold to pull back.

Hey it could go higher yes. I am continuing to hold 2 juniors I have. NSU was up .08 today on decent volume, I wonder if something is up?

I like the way VT put it. The downside risk doesn't justify having as large a position and IMO even if gold goes a bit higher most shares will likely underperform now relative to the gold price unless gold is going substantially higher which I dont see near term.