Mark, after all the years we have exchanged posts, do you really believe I'm looking to persecute you? You very well know it's all tongue in cheek, just stimulus. You also know that posters don’t move markets, why so serious about the metals?
<<20 years of waiting>> haven’t you been the one that cautions against catching falling knives and safes? Doesn't market wisdom say let other's take the risky top and bottom 10%? Who's doing the bottom fishing now?
I'm the bottom fisher FA, you're the TA guy, and we’re now on the same fishing boat? <LOL> My metal sentiment is a reciprocal indicator, but I unfortunately still find too many gold bulls here, not a good sign. My portfolio is 60% metals (always get in too early), mostly gold. I never short anything, that's too negative for me. Trading that metal portfolio component, does much better than the general stock market, but playing just 20% of the other part of the portfolio in crazy go nowhere tech junk brings consistently 2 orders of magnitude multiples. Isn't the idea of investing to make money? I still haven't figured out why I keep so much metal in the portfolio. However, words like safety, oversold, the next tulip, and every dog has its day come to mind.
Well, I guess I've just lost my credibility as a gold short, too bad. <VBG> |
