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

To: RonMerks who wrote (2561)	10/3/2006 6:10:45 PM
From: gold$10k	Respond to of 50744

Hi Ron, It has been an annual event in precious metals to have a "way overdone" decline when the bargains just keep getting better. I never play it perfectly, but have begun my long, slow accumulation. I sold everything last April... too early, but does it matter now? IMO, there is no fundamental "reason" for it... just trading. I use the technicals to play it. This is my 8th year going through this and it feels pretty much the same each year. I just try to use it to my advantage and expect that most every stock in the sector will have bottomed by the end of the year (don't forget tax-loss selling which further depresses the best bargains and biggest disappointments in December), BWDIK. No guarantees, but the other typically annual event is a big rally which I expect to last from November or December or January through May or June. We'll see. Good luck, vt