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


To: crustyoldprospector who wrote (9435)3/25/2005 9:37:30 AM
From: loantech  Read Replies (1) | Respond to of 18308
 
Crusty,
As always I appreciate you insights. Of course I hope you are wrong and that gold takes off from here. <g>

If we are in a major correction period I am glad I only own very speculative drill plays that have the chance of holding their gains through a gold downturn if results or newsworthy events offer them support.

Of course if we are going to correct all the way down, GOOD, because I want to find the bottom and then get some 4-5 baggers after that.
Tom



To: crustyoldprospector who wrote (9435)3/25/2005 10:47:32 AM
From: Claude Cormier  Read Replies (1) | Respond to of 18308
 
Nice analysis. 150-160 looks like a very valid target and would match with strong support from top of third wave in spring-summer 2002 and the following wave 4 triangle.

Gold would simultaneously move to $375 before rapidly coming back over $400.

All this by May. Make sense.

That raise my case for beng long our favorite juniors and hedging the group by selling the seniors and mid-tiers and buying index puts.



To: crustyoldprospector who wrote (9435)3/25/2005 10:51:14 AM
From: orkrious  Read Replies (3) | Respond to of 18308
 
does that link work for anyone else? I get an error message asking for a symbol.