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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: rubbersoul who wrote (6536)2/15/2005 10:26:28 PM
From: TheSlowLane  Read Replies (2) | Respond to of 18308
 
JH - another interesting comment from Fred is that he said that if this really is a secular bull market then the biggest challenge will be to sit on your hands. Get positioned and then DO NOTHING. Having been conditioned by a 20 year bear market in commodities, he has to fight the inclination to take the money and run waaaay too soon. I just read someone, maybe it was Harry Schultz, who said that the hardest thing to do is to develop a sell discipline, the next hardest thing is to buy right and that holding takes no skill at all. To me, that sounds like a self-serving justification for trading excessively. Of course, that is a self-serving interpretation of HIS self-serving justification...but...whatever. The point is that as good as the last couple of years have been, he thinks we ain't seen nuthin' yet. Buh-buh-buh-baby, no you ain't seen nuthin' yet. Here's somethin', here's somethin' that you ain't never gonna forget...