facing reality, page-4

just bee, Long term, I'm sure gold will go higher. However.... some of the gold stocks I follow are down 80% from their highs. Had I followed the trend, I would have sold 50-60% higher, my powder would be dry and I could be buying twice or three times as many shares right now. Having said that, I wont be buying gold stocks or gold until this current downtrend has started to break back up again. I don't know where the bottom isand when it will be hit, and averaging down is a very easy way to lose money very quickly if you dont have those crucial pieces of information.........