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

To: longdong_63 who wrote (35607)	1/27/2004 10:47:26 AM
From: nspolar	Read Replies (1) \| Respond to of 36161

ld, my longerterm view on gold is that this is not the big correction for this leg. The next one is. It will be rough but still limited in damage. After that correction there will still be another leg, to take gold way on up over 500. That leg will then finish off this primary wave up. My longer term plan is to retract myself on this run assuming it happens, to a large extent, from golds. Well, I guess I have to quit writing and finish loading up first. Anyway yes, that will hopefully be about time to load up on 2X short funds, and just trade some golds from then on. OTOH there are a lot of good pm charts, that look to rise through out most of this year, SA golds included. So don't count ole yeller out. Just spread out the risk via a two pronged approach, and lower the daily risk by down more setup trading.