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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (342)2/20/2004 3:20:19 PM
From: yard_man  Respond to of 116555
 
you don't understand -- my cost basis is very low in them --I have been holding / trading around a core position since 2001 -- I have not missed any of that upside. I only have two that are down enough to cause any concern, but if I sold them now I would be booking large gains and paying taxes on those gains -- only to probably have to buy back at higher prices. Some folks love to trade. I like to find a good macro trend and stay with it, until it is shown to be over -- for all the fretting, I don't see anything that tells me gold / PM bull is over. This isn't money I need to eat tomorrow.

Neither one of us could have predicted what they would do today <ng>