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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?

To: Ross who wrote (600)	4/22/1998 5:22:00 PM
From: IngotWeTrust	Respond to of 3558

Love to clip profits. Part of disciplining/mastering GREED is to say thanks/bank t'profits, limit t'losses, and not look at what one leaves on the table. It's the game of the much disparaged Middleman/woman: The farmer gets $3.50 for a bushel of wheat, which would make about a dozen decent loaves of bread. The store sells each loaf $1.69+ (day old store: $1 ea.) Guess who gets the difference between the $3.50 raw material cost and the $20.28 (12x$1.69 retail price) for a bushel full of bread loaves? Yes, the middlepersons! That, my cyberfriend, is where the REAL money is... you call it short term timing, I call it smart money/risk mgmt! O/49r