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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (41603)9/15/2005 1:22:31 PM
From: orkrious  Read Replies (1) | Respond to of 110194
 
Do you still have your ANO?



To: russwinter who wrote (41603)9/15/2005 1:33:21 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
I think the biggest mistake made playing gold is to treat it as religion. I've always liked gold, and think I have a knack (or good luck) in that arena. But I also tend to be agnostic about it. Gold Bugs need to remember, gold doesn't know you own it, and is very impersonal. And almost all the companies in the sector are dogs (very difficult business), and like stocks in other parts of the market tend to get overvalued. In fact that's the problem generically with this entire stock (and bond) market, way too much risk taking, and overpaying for stuff.

I agree 100% with what you are saying and my response to him was that you get 70% of the move twice while someone 100% in all the time can get 100% at best.

Mish



To: russwinter who wrote (41603)9/15/2005 2:01:48 PM
From: patron_anejo_por_favor  Respond to of 110194
 
Well said....



To: russwinter who wrote (41603)9/15/2005 2:04:26 PM
From: Canuck Dave  Read Replies (1) | Respond to of 110194
 
Didn't you sell all your gold stocks a few days ago?

"You feeling lucky, punk?

Well, are you?"


CD



To: russwinter who wrote (41603)9/15/2005 2:57:49 PM
From: mishedlo  Respond to of 110194
 
From Wayne....

Mish ..........
Please send an apology to Russ for me.
I misinterpreted how he was 'playing' ....... thought he was trading short-term.
Wayne