MDD - Market Direction Discussion Message Board

To: bobby beara who wrote (83427)	9/25/2002 10:15:40 PM
From: isopatch	of 84056

Hi Bob. Dunno. As you know, not primarily a ST player. And the golds are the toughest sector for me to time. The reason I've done well with them (despite missing a few pieces in the major uptrend to date) is because I got in early. And that was based more on FA than TA as can be seen from this old post. Message 16222228 Actually year ago April was 1st time - in probably 20 years - to get back into a heavy portfolio weighting in PM stocks. But not in recent months. Right now 75% cash, 10% physical and very light in gold stocks with a 10% weighting in a few core issues. Vast majority of my work, over the years, has been in energy sector. Most recently sold heavily there about 2 weeks ago after about an anemic 2 weeks rally that was nicely profitable, but certainly no home runs in this market.<g> Using the mountain of cash from that exit to reload the golds when they get into my buy windows. Best regards, Iso