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To: Richnorth who wrote (24211)2/12/2004 9:42:04 PM
From: David in Ontario  Read Replies (2) | Respond to of 27666
 
RichN - I've just fallen off my chair and spilled by cabinet sauvignon. What a helpful post and thank you. I've dabbled in the mining stocks, but not in gold. When the central banks began to sell down their reserves a few years ago I didn't see it as a good long term sign for that market. I should buy some coins and put them away. I also should have bought Inco a couple of years ago (NYSE.N, TSE.N) when one of the mining analysts on RobTV (http://www.robtv.com mentioned it (Canadian version of CNBC). It has a nice long term chart - shows the cycles in the nickel market - and looks to be at an upper bound now. After it drops in a year or two I'll select an entry point - hold - then sell at a predetermined exit level. The commodities are cyclical stocks that are not that difficult to play - you just need to set entry and exit levels - and you can trade them over a very long period.

I need to refill my glass...

David.