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To: underbyte
Why cash?

I started going into precious metals at gold $400 and silver $5, and I think they'll go over 1,000 and $20 in a few months.


18 posted on 01/31/2008 9:14:11 PM PST by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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To: Travis McGee

Gold looks a little frothy right now. it’ll probably move a little higher I just do not have the nerve to do it after a 100% run up. Who knows maybe the financial crisis will resolve itself or stabilize in a couple of weeks then gold will have a pullback and that bear trap is stuck on my leg

I try to buy at the bottom and sell high :)

I am a lousy momentum trader

If I was going to buy gold the time to buy it was back in ‘05-6 for me right now it would like buying the DJIA @ 14,000 IMO


25 posted on 01/31/2008 9:33:39 PM PST by underbyte
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