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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: steve from ihub who wrote (20011)	1/16/2005 10:52:34 AM
From: blind-geezer	Read Replies (2) \| Respond to of 60903

---what may you exercise caution or do something differently this go around?--- dude, we do need to learn from our mistakes or else we would not be around for long ... I mean, my lady would kill me if she finds out what I have done with her money ... Previously I found myself entering a position afraid of missing being in a rally, as you know this thread and other PM thread are predominantly bullish most of the time, and sometimes emotion will get the better of your judgement ... I do scale in some positions in the last couple of weeks, namely GBN (SA miner), MGN (silver play), PMU (it can't go lower, can it ??? and if it goes down, I think I have company in Bert) at present I am 90% cash and 10% miners I intend to increase the PM allocation to 20% miners by the end of January, even though it might not be the bottom, I feel that at least a tradable bounce is forth coming ... didn't you just buy back some PMPIX last week - you are feeling bullish ??? financialsense.com are you this dude ??? watch for break below 92.6 !!!

To: steve from ihub who wrote (20011)	1/16/2005 12:22:50 PM
From: SwampDogg	Read Replies (1) \| Respond to of 60903

Yes, I believe that PD is still in the $XAU and it is at or near an ATH. One interesting thing to watch is whether the PMs lead the overall market in both the ST and IT timeframes. I have noticed many times intraday that if the golds started to rally on a down day in the general market that it would signal a rally in the general market soon after. Does a protracted weakness in PMs signal pending weakness in general stocks or are the PMs setting a low here and everything rallies to another new high? Anything is possible but it is not likely the golds continue lower here and the market goes higher IMO.