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

To: kacy_in_LA who wrote (9179)	3/21/2005 12:55:38 PM
From: kacy_in_LA	Read Replies (1) \| Respond to of 18308

As an aside, a long GLD trade is very attractive right here, with a stop at 42.75 on the close and upside to 44.50 or so, making it a roughly a 6:1 reward:risk trade.

To: kacy_in_LA who wrote (9179)	3/21/2005 1:33:25 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 18308

Kacy, A good observation. It would not be surprising to see what you suggest hapenning. A first break of the trend in 4 years would be normal. I also agree on juniors being affected even on good news. However, there will always be exceptions. And these are the stocks you must own. Can I also suggest that hedging might be a better solution than selling the juniors. Keep in mind that the stocks have been in a correection for 15 months now and will bottom before gold does..as they usually do. stockcharts.com[m,a]daclyyay[df][pb50!b200][vc60][iUb14!La12,26,9]&pref=G