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With hindsight,what we traders should have been in all the time was gold shares and put warrnants for most of this summer....For example the three large gold shares have put on since 24 Oct 2008,between 74% to 94% growth....The warrants from17/11/2008,namely ANGSBM up 226%,....GFISBJ up 273%....aand HARSBN up 113%....yes alll this 'cos we are in a bear market!
The question that newbees then ask is how long can it go on?....The quick answer is it doesn't matter,just continue to trade it....how ever gold reached its height earlier at $1200 and i suppose it could get as highas $1300 per oz.I t will really depend on how long the recession lasts....When it gets near its end then shorten the stop-losses.