Hang in there boys - the margin calls have not had there full impact yet, in my opinion. A great trading oportunity is coming this week, because many more people will be coming to decisions(forced), this weekend re their accounts, sentiment will be very bearish. This is a compounding thing of course.
So where and when to buy?- How patient are we? I will bet like this. The general market decline is here in the U.S. -which will aggravate the Canadian situation. However, gold I think is poised for a rally(now thats brave isn't it). Put these two together. Buy gold stocks this week which are funded, have production and trade down strongly. (HM,ECO,RYO on selloffs)Speculate on companies like TVI but be ready for a wild ride(I will buy more on prices down to .75) Good luck - Interesting side note, since you use this SI service, although not on current topic. Maybe you can make some money to cover those Canadian losses.( Watch CYTO on the Nasdac, look at the chart, news etc.read posts this service -looks real good for trade over next six months to me.) Cheers from the Okanagan - Eric |
