Bcrafty
Thanks for your comments, I would like to go into health care, but it smells sort of like the gold sector did prior to me entering it( Joe seems to be banging the table on it the way they were about gold prior to the big sell off)I am real nervous now about getting top ticked, but I could put a stop in like I should have done on gold . I did well on TYC with a large block , trading it up from 17 to 23 , but then I went into the gold and got kicked bad. I still have my nerve but I am thinking about holding off till capitulation finally occurs. I just heard some more negative about GOLD falling off to low 300's on Canadian Buisness News about an hour ago . I can see a slight opp going long with gold stocks for part of the day with tight stops, however my bet is it will have to be after the blood has been let out of the dow and the nas. I am not impressed with what GS said about gold and its price, to bad their stock seems to be falling off lol . I think how gold closes tomorrow could be a good indicator as well how the rest of next week will bode. I did notice that gold fell off the last 2 friday's. I also noticed today that gold stocks seem to be getting more and more nervous. More attention is being paid to the price of gold on a minute to minute basis as well as the followers are right on top of what the dow and nas are doing by the second. Makes it very difficult to sleep with them (at least for me). I like that play I talked to FLACK about , going back 8-10 days ago BLDP short from 22.00 . Good luck and don't get married to anything, at this time in history , could be a mistake (imho).Afterall, the channel is getting more and more narrow for the big boys to do there thing . |
