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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: SwampDogg who wrote (7965)3/14/2006 10:29:35 PM
From: LLCF  Respond to of 78419
 
<Russell is about as good as it gets. You might want to learn something from somebody that has been doing it for 50 years.>

Oh believe me... I LIKE Russell, and read his stuff all the time. I like his reasoning, etc. etc... BUT I haven't noticed he was any better at charting than anyone else, or anyone using common sense and just 'watching' the market, including myself. I've been doing it 26 years. If he was 'beating the market' in any significant way we'd all have heard about it.

Let's see how this call pans out... as well as the assertion that when the dollar and DOW crash, gold will soar. I hope he's right.

I'm VERY surprised that gold isn't up much bigger on a day when the S&P is saying liquidity is good.... but I"m not in the business of making calls... so I won't. I've lightened by 1/2 on gold shares in the last month after large gains and am waiting. OTOH, I was WAY overweight buying the 'tax selling' names in Nov and Dec... so I've still got quite a bit of exposure.

FWIW, I LIKE the way the RAND is finally acting... holding quite a bit in SA.

dAK