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

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From: koan4/6/2006 5:45:58 PM
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We are starting to see the many undervalued juniors pop. I try to stick with undervalued juniors with good volume for this reason:

We have been in a bear market for so long that many if not most good juniors have tons of overhang and many will unload at the new highs. Good volume can clear out the overhang. Once the overhang dries up then the stokc will pop like a cork being held underwater.

I beleive we are in a 1980 bull type market and the juniors have not even reached 1987 levels. Not even close.

I am just tring to help. Beleive it or not there are many people in this world who help fro no reason other than they can.

I know there are a lot of newbies completely lost. I have been tradinf for 25 years and seen many cycles.

Remember the scene in Seabisquit where the fellow was helping the wounded horse and was asked why if he could never race aagain and he said: "because I can".

Cheers
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