Hi Iso,
Still in GLG.to, ELD.to, BGO.to, CBD.to
I still think juniors will outperform techies or anything else for the next year or two.
We live in very uncertain times that are presently being driven by event risks that are unquantifiable by their very nature.
I am still very comfortable hanging on to my Gold juniors until the weekly (or most probably), monthly chart suggest I park the bulk of my money somewhere else. (depends on the stock)
I find it amusing that the market has regained its footing from September 11.
Prior to Sept. 10, the market IMHO, was suggesting a reversal of some sort was @ hand. I had entered various "tech chit" based on that supposition.
...@ any rate, I find it very hard to believe that the market has priced in the fiasco that the 3rd quarter will turn out to be, based in part, that the economy was tanking before 9-11 &, again, IMO has not priced in the uncertainty & devastation that was wrought by the WTC event.
I think the media & market participants have gotten way too giddy. (not you BTW, just a general statement) BWDIK
FWIW, many charts are exhibiting rising wedges & Gold juniors & seniors have not yet followed the yellow dog into the grave. They have bounced off support.
Regards,
Peter |
