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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: benwood who wrote (30486)8/10/2011 3:29:07 PM
From: rubbersoul1 Recommendation  Respond to of 48092
 
I am long S&P as well.



To: benwood who wrote (30486)8/10/2011 4:03:34 PM
From: rubbersoul  Read Replies (1) | Respond to of 48092
 
Regrettably, I bought a big position in spoos. Fortunately I am overweight AG. I'm viewing spoos as a hedge, lol. I plan to hold my S&P position till it rallies to the 200 dma, gulp.



To: benwood who wrote (30486)8/10/2011 4:45:51 PM
From: gold$10k  Read Replies (1) | Respond to of 48092
 
Richard Russell from July 11, 2008 (last paragraph)...

"There are going to be more 90% down-days ahead before the market reaches bottom. This market stays oversold, and oversold markets that continue to decline are the worst kind of markets."

investmentmoats.com


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