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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (2034)11/11/2003 3:50:28 PM
From: re3  Read Replies (1) | Respond to of 110194
 
Date: Tue Nov 11 2003 12:50
trotsky (goldeye@current opinion) ID#377387:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
i'm in wait-and-see mode. i.e. i'm waiting to see if the likely move in the PoG to tackle the '96 high will be accompanied by distribution in the gold stocks. i actually think that's highly likely, so i'm very wary at the moment. yesterday's action may have been a warning shot, although i agree that one day's action could be a fluke. so i think there's at least SOME upside left in this particular leg, but i also believe that the risks have increased considerably. i guess you could place me in Hambone's 'long but nervous' camp.