Iso,
I agree completely.
almost completely in cash right now. I hold only two speculative issues long, elon, and a little vui tech company that was very good to me in the mania, gmgc.(it's a sentimental thing<gg>)Very small positions.
Other than that it's wait and see here for me, as I'm expecting a healthy pullback too before buying some intermediate term plays. My inexperience keeps me cautious, and out of LTBH for now. I believe much later this year, or next, better opportunities will present themselves.
Traded ntap with good success lately, a little biotech...cege...but I'm in no rush...just learning the game. Since I don't rely on the market for anything but additional income, I can afford to be patient.
I'm very fortunate to have a wonderful craft under my belt, dabble in the arts, and a very full list of interested clients. As a skilled artisan with 22 years in the trades, I could really identify with those very sage comments you made about there being no substitute for experience... I just couldn't agree more.
I'd like to see gold shares pull back, so I can buy some of my favorites. The commercial position in the COT's and the gap in the XAU leads me to believe a consolidation could happen before any final ramp, but by no means guarantees it. If the boat leaves without me, so be it. There should be many more opportunities in the years to come.
The hui looks so strong long trm in many regards.
Best of luck, and Thanks again for sharing the wonderful insights. It's really a pleasure.
Best,
John M |
