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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: TheBusDriver who wrote (77741)3/13/2007 7:11:12 PM
From: Claude Cormier  Read Replies (4) | Respond to of 313677
 
There is an approach that can make sense for those who don't want or can't play poots or bear funds!

It is to keep a core and a trading position for each stock they hold. You keep the core longterm, and you trade the other position short or intermediate term.

Keeping all long will also work as long as the secular bull is alive and in good health. But there you need good nerves.

As for a low...

I think sometimes in April... The HUI loses max another 10% from here and gold goes either to $625 or $595-$600. Below $595, we are in dangerous territory and the May 2006-? correction will look more like a cyclical bear market rally rather than a complex correction.

My best guess: gold holds $625, The HUI and other indexes lose not more than another 5-6%... then the big leg up starts.



To: TheBusDriver who wrote (77741)3/13/2007 7:51:07 PM
From: Canuck Dave  Read Replies (1) | Respond to of 313677
 
Wayne, you still got any oil and gas trusts?

I just punched in VNG.UN for the first time in a while. A bargain at $6? A bigger bargain at $5? How do you like it now it's pushing another buck lower?

Yoicks!

Punched in a few more. It's pretty dismal across the board.

CD