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


To: robnhood who wrote (93670)9/29/2007 10:32:49 PM
From: rubbersoul  Respond to of 313570
 
<So far I see metals & oil rising and juniors sleeping.>

Me too. But gold has risen about 10% (?) in Sept. while a senior like G has risen about 25%. That's the norm isn't it? (ie.,2 or 3: 1 leverage to the price of gold for a senior?). The money flow on most or all of my stocks have been rising throughout Sept.. I'm very wary of October corrections so I'll be ready to go to 25% cash if we start to crack. But I'll be minimum, 75% invested at all times since the run up after the Oct corrections in gold can be powerful. Currently, I'm 100% in.

Much could happen to gold and gold stocks in the next 6 months based on seasonal charts, the gold price, world currencies, oil, interest rates, subprime fallout, etc....But if gold tests $800 by year end as people are predicting, then watch out.

BTW, I hear fall is supposed to be the second best time for stocks while RRSP season is the best. If fund managers start putting their money into gold stocks,
the sector could heat up.