Strictly: Drilling II Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly: Drilling II

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Davy Crockett who wrote (6889)	1/29/2002 5:10:14 PM
From: t4texas	Read Replies (2) of 36161

you are correct sir. when one has a tiger by the tail, one has to buy the dips rather than selling and hoping for a good reentry price. some days ago (or maybe it was a week) i was reading the yahoo nem board. some fellow was jiving how he had bought a bunch of nem for various of his individual and retirment accounts and had sold them at 20 something. i recall only that he listed about 50K shares of nem for his individual account that he had sold. he was proud and told the board that his next entry price was $18.50 gtc. well it never got there (18.52), and i took my chances and bought more at 18.75. i wonder if he chased it. at this moment it does not look like the time to be selling the gold miners. something seems to be going on. i don't remember a day where so many banks/brokers and financial companies have gotten whacked. now i will be the first to admit that this looks very, very much like a lot of institutional capitulation going on in the financials. another day or two like this and either the dam will break or another ("supply a name here") bottom is going to be put in.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next