Any one involved in the gold sector has taken a hit.But cheer up,because this happens three times a year. The gold index(XAU) peaks three times a year.The last week in Jan.,May., and Sept.to be more specific. Look at charts for the last three years and you can see the four month cycle.Since the peak was actually Sept.24, I would look for the index to test the 75 to 80 range over the next several weeks.I maintain 4 seperate personal accounts which vary in size and risk tolerance.Using the above mentioned timing, I sold all holdings in two accounts on Sept. 31. and kept 88% of my profit.If you are holding with conviction,you might consider puts on the gold index for the short term,2-6 weeks.If you are buying stocks, look to accummulate more in Nov. and Dec. because you'll be looking to sell again on Jan31,2004 and short the gold index again the last week of Jan when the index is at its peak.The trend is still up and will be until the end of next year when the fed decides if and how much more debt they're going to accummulate .