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

To: loantech who wrote (14946)	7/2/2006 4:02:25 PM
From: Taikun	Read Replies (3) \| Respond to of 78420

Tom, I agree, and think that we could have a choppy ride to XAU 155. I know some are calling for XAU 146, which we actually almost touched intraday 6/30. I bought some GDX puts 6/30, just in case. While I think PMs and energy are the best LT holds, I know there will be reentry points possibly lower than June 13 this fall. We must be careful not to misconstrue short covering for rallys from now on. While I'm enjoying this move, I want to raise cash to go short. I think we'll have a huge chance to short the Dow, S&P, Naz, SOX in a few weeks. The Aug 8 Fed will be here soon, everyone knows it. D