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catmaniac

08/09/07 12:55 PM

#31603 RE: laurap #31600

CEF...
was my gold play and I just couldn't take it
anymore...I was at EVEN MONEY yesterday @ 9.30
but it trades NOTHING like GOLD does ???
I mean, it's a Canadian ETF that has been
around forEVER so I figured it to be a save
IRA play...I woke up this morning and saw
GOLD openning DOWN 8 bucks and so I finally
threw in the towel, I have a rule to NEVER
trade when I'm PISSED OFF but I just couldn't
take it anymore...I dumped it and was glad to
see gold DOWN 12 !! What does my stock do...
IT GOES UP !!!
I just don't understand how that stock does
what it does and know NOTHING about gold...
I only bought it in March as a defensive play
and lost 500 bucks on a 10k investment OUCH..
that's what I get for tryin to swim in
UNFAMILIAR shark infested waters...it's bad
enough we have to swim with the sharks to
BEGIN WITH...I want to know were that REEF
IS when it's FEEDING TIME !!!
catmaniac

PS...besides, now I have a nice chuck of CASH
to throw at the sharks...that's the only thing
that will keep them at BAY...and even THAT
doesn't work all the time !!!
B^P