Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: ralfph	1/7/2006 12:46:49 PM
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TRYING TO CALL THE TOP IS DUMB. Case in point Ultra Petrolium started trading at 13 cents give or take .it ran to 13 bucks or so pulled wayyyyyyyyyy back and I remember looking at it at 1.35 in 200 0 or so . I thought that was the top. It hit 50 bucks. The whole oil sector has had top aftertop called. When I was buying ELD at 20 cents and change there were folks telling me I was nuts for holding it past 30 cents, i thought I did well selling it at 55. The thing is I talked one of my friends to hold it to a 1.50 and at the same time I was explaining why it was a 10 dollar stock. Why did I sell at .55. CAUSE I THOUGHT IT WAS THE FRIGGIN TOP I listened to all these other opinions and not my own. The top was called on the dot coms for about 2 years before they collapsed. A while back Microcrash was valued at more than the entire PM market. Perhaps when we get a miner that is valued at more than the top 10 Tech companies we will be near a top. Guys things are not wacko enough to be near a top. Not even close. ralfph

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