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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (536)8/30/2005 8:45:00 PM
From: ecrire  Respond to of 50637
 
Where do you think we stand after today's gold meltdown? Does this qualify as a bottom?Although higher energy costs increasingly impact miners' bottom line, I bought GG today believing the gold reaction down may be near an end, at least temporarily.



To: SliderOnTheBlack who wrote (536)8/31/2005 12:04:53 PM
From: eaglains  Read Replies (1) | Respond to of 50637
 
Great post, Slider - belong to several public boards, and private Yahoo group' and the more i'm watching and listening here, the more i like this place.

Currently holding 4 positions in order of size

one moly play,
one multi-mine Chilian explorer; copper primary interest; some au/ag with moly sprinkling,
one oil sands, and
one obscure Taikun/Crossy uranium/CBM plays.

Playing au/ag with a December 2003 entry has been slow water torture - someone will have to have some strong compelling arguments before i even consider re-entering long au/ag again.

Your friend,

mark



To: SliderOnTheBlack who wrote (536)9/10/2005 9:48:19 PM
From: SwampDogg  Respond to of 50637
 
Good post

It seems that we have the makings of a situation where most "gold bulls" will or have been early sellers in the rally. As the market is devious it may just go a lot bigger and a lot quicker than anyone thinks and leave even "bulls" looking in with small positions. It will be the old story where bulls don't really believe their own bullsh$t and they will trade themselves out of making the big bucks.
I am long PMs big here with the full knowledge that this is either the big one of close to an IT top. I see some conflicting technicals but the stops are pretty clear. Stops will NOT be moved up on this one. Either it is the big one or not and the stop is clear. It may stay where it is for years:)

Possible Inv H&S measures to 275

stockcharts.com[m,a]daclyyay[dd][pb50!b200][vc60][iUb14!La12,26,9]&pref=G