Tuesday, June 5, 2007

Gold Bull Market

Let me show you how Bull markets work. Notice in 05 gold traded sideways for almost a year. This is the "wear you out period". This is were you sit and watch other sectors take off, eventually get fed up and jump ship to one of the momentum sectors just as that sector tops and of course that's when gold takes off and leaves you behind. Now if you had the patience to hold thru the dull times then the bull will throw another curve at you. Scary violent corrections that try and shake you out. The long term trend is up. We appear to be in another "wear you out period". Will you hold until the next rally or will you let the bull shake you off?