Come on in,
the water's fine
Bob Moriarty
October 14, 2002
I wrote two pieces
recently urging caution with the gold stocks if not actually
getting a little lighter in anticipation of a general stock market
collapse.
(1) Sep 30
The
Apocalypse is not scheduled for Tuesday and
(2) Sep 20
Gold
Stock Alert
We had our
predicted test of the lows in the market and the general market
has rebounded. The gold stocks had their 20-30% decline.
I'm cheering.
Not because I wanted to see the gold stocks come down but people
were getting absurdly optimistic and when that happens, the danger
flags fly.
Gold stocks
are again an excellent buy, many of them coming down to levels not seen
since January. We remain in a gold bull market which should continue
for years. We will do our best to come up with occasional comments
on how I see the market but for now, the water's fine and it's
safe to jump in again.
-Bob Moriarty
October 14, 2002
Before buying or selling
any stock, the investor should do his own due diligence.
_______________
 321gold Inc Miami USA
|
