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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: nspolar who wrote (33597)	11/13/2003 10:04:23 AM
From: longdong_63	Respond to of 36161

nspolar.."Another thing is that the HUI has positively correlated with the general markets very well this run. It makes a person really wonder what happens if the latter turn down hard here." that really bothers me right now too.

To: nspolar who wrote (33597)	11/13/2003 10:36:11 AM
From: Eva	Read Replies (1) \| Respond to of 36161

nspolar May be you should take that at heart :) :: excerpt from the goldheart charts: <<Living through these MT corrections we have learned a lesson that trading out of share positions (especially core) is risky business. Looking back the best strategy has been to buy and hold. In each MT correction Gold shares recovered to higher ground. Each MT correction had less volatility. Each time Gold Bugs gained further confidence in core positions for the long haul. Each time we gained confidence that the Gold bull was real based on positive Gold fundamentals and deterioration of the dollar. GEGFI corrections may now only be brief opportunities to switch to stronger shares as all Gold shares now rise, but at differing rates based on individual share conditions. Cheers Eva