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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (28991)9/26/1998 5:48:00 AM
From: Goldbug23  Read Replies (1) | Respond to of 94695
 
bb, we agree on the markets, with no guarantees of course ;-) I have been a bug since 1959 when I bot Dome Mines, now PDG. I used to be more of a technician but now pretty much go by fundamentals and more long term investor (if you can be one at age 72). XAU is about 30% of my four, incl NEM,PDG,and HM. What do you think of Rydex-Ursa these days? I have been nibbling for about a year.(In effect it is a short on the S&P 500 if you are not familiar with it)
Jim



To: bobby beara who wrote (28991)9/26/1998 9:52:00 AM
From: HairBall  Respond to of 94695
 
bobby: The April peak was the momentum peak and July was the non-confirmed price peak.

That IS exactly what my technicals indicated! Except I would have said that April was the momentum peak and July was the confirming price peak!

Regards,
LG



To: bobby beara who wrote (28991)9/26/1998 3:00:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
BB, I advised my parents to take out some money from their CD's and buy GOLD,the metal, just for safety.

The problem is who will buy it wen needed??

Haim