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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 (22254)	10/4/2006 11:14:24 AM
From: TH	Read Replies (1) \| Respond to of 78417

LT, I bought some GG last week and sold it for a point and half gain. I just didn't like how the miners were trading, but of course I never expected the action of this week. Just pure luck really. I'm short the Dow and general market via PROFUNDS. I have some homie shorts and a couple of bank shorts. I'm mostly cash and perplexed as usual. Just standing back and waiting for the goldman/bush rally to end. It is bogus, and I think all the players know that, but if the Charmin is there, you just gotta squeeze it. I have a simple plan (the only kind I ever make). Wait for this market to break (sometime within the next 6 weeks) and then cover shorts and go clownlong miners. Still holding all my physical POG except the small percentage I sold at 722. That actually is the bulk of my liquid assets, and it is so difficult to trade that I look at it as a 2-5 year hold. When CNBC has a hourly gold update, it will be time to sell <g> I hope you and all here are doing ok in this brutal miner unwind. I sometimes view some of Sinclair's anti-gold stuff as a little out in left field, but I think the piece he wrote yesterday is very interesting. We are probably seeing a bunch of hedge monkeys unwinding pog/miners as they reshuffle from the energy beating. Best of luck with all your trading. TH