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To: The Ox who wrote (1901)4/15/2013 11:20:13 AM
From: The Ox  Read Replies (2) | Respond to of 8288
 
I've never seen so many stocks in the natural resources area where there is restricted shorting. Gold, Minerals, Mining, etc....17 stocks at the moment with my trading system....

Usually it's 1 or 2.

Could be a huge squeeze in the next few hours or days.....



To: The Ox who wrote (1901)4/15/2013 11:57:48 AM
From: richardred  Read Replies (1) | Respond to of 8288
 
I agree about sensationalism in the headlines. Maybe we won't hear as many radio adds touting Gold for investment till it turns upward. I am keeping watch of many commodities now. IMO-The price of copper declining should indirectly help housing.

P.S. I own no gold stocks or any type of gold investment currently. I sold my portfolio gold hedge a long time ago and missed a huge move, but made good money on it. I'll always remember the words of a very wise person I knew in the early 80's . Keep 5-10% of a portfolio in gold. You still have to time it right though.
I also remember 1987. I thought gold was going to soar.

Message 22088841

I have the 1987 WSJ copy in my Twitter header now.

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