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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (7707)	9/30/2004 4:56:17 AM
From: Seeker of Truth	Read Replies (1) \| Respond to of 11633

That's very useful to remember indeed. 1. Required % of "everyone's portfolio". 2. Erstwhile non-investors piling in or having it explained to them. 3. Front pages more than once a month without real news. Those are market psychology indications of the top. Perhaps there are theoretical ones, such as when the pretax yields are generally no more than twice what you can get on a one year certificate of deposit(In Canada we call it a GIC). My reasoning is that when something is twice something else the novice who isn't too numerate will understand, whereas if it were 90% larger than the other thing, the difference might not be so clear.

To: energyplay who wrote (7707)	9/30/2004 9:13:11 PM
From: SunSunM	Read Replies (2) \| Respond to of 11633

I have the sell indicator in place too for gold. I have told my parent, uncle, siblings and cousins to get into gold, total 11 persons, starting mid year 2000. Guess what, no one get into gold. Except my parent and uncle, they were into gold for about 1 1/2 years and got out of it totally. None of my siblings and cousins, as far as I know, get into gold yet. Hate to say, if the last one of them asks me whether it is too late to get into gold, or something like that. That would be the top.