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Re: Re: [sharechat] CRS Chart

From: "mick" <>
Date: Wed, 9 Jun 2004 20:07:28 +1200

M y CRS  shares are down  significantly on what I paid for them in 2002.
I beleive we are in the early stages of a bull market in commoditties which will be
led by gold. I have not been trading in and out of my mining shares as others have
done. Maybe I should have but because I beleive this is a long term bull market
lasting at least to the end of this decade I see no need to try and second guess the market
by trading in and out. In the last bull market in gold the price fell from $200 per oz to $103 per oz
between 1975 -76.That"s what you would call a pull-back in price.
I done a lot of research before I decided to invest in commoddities and I also know that nothing
goes staight up and nothing goes straight down but take alook at long term trend (3yrs) and you
will see that gold is still above the trend line.
This minor pull back has shaken a few of the weak hands out of the market which is healthy
for a long-term  bull market.
If things go as I think they should the gold price will stengthen towards the end of the year
which will then bring the institutions into the markrt for gold shares
When or if this happens this will indicate the beginning of the second stage of the bull market

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