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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (7283)4/23/2004 10:14:17 PM
From: SOROS  Respond to of 313173
 
One rogue event (highly likely IMO), and the value of metal stocks going up and 100+ PE stocks like the darling internets going down will create a situation where most can't get out of one or into the other.

I remain,

SOROS



To: Bearcatbob who wrote (7283)4/23/2004 11:49:18 PM
From: rubbersoul  Read Replies (1) | Respond to of 313173
 
"There is no reason to buy today except for impatience."

I guess some might feel that to sell out more than 50% of one's position in gold or gold stocks now would also be an act of impatience. There must be a balance here depending on one's risk tolerance and time line. In the LT we all must be patient and hopefully our concerns about these fluctuations in gold price will be superfluous.

John


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