Sorry to rain on your parade but the time to sell was one week earlier. I mean the nut stuff like GSC, GSC.WT, etc.
I don't know what you have but selling golds on Friday was a panic move and selling into a falling market.
No good at all.
I can tell you what I did. I sold all of my GSC stuff, that I acquired one year before, during the previous week.
INTO STRENGTH, mind you. Could not pass 10 bagger. Also a personal situation. Needed the money :-)
I left the rest of my position in golds intact. This is a bull. Not a weeny time.
Eternaly gold,
AH
PS1. For Liz,
Cheers,
I hope you have enjoyed the gold run. Placer has not been good for this puppy. As I suspected, I want to add. They changed the game from exploration to corporate. Placer is spread and weak. Period.
I have kept my core NRI position. Want to get NRI.WT at stinking prices. Whatever would that be:-)
PS2. To all people in golds,
I am not taking on Scott. Be disciplined. Trade, by all means, but into strength. Don't enrich brokerage houses.
Be brave to take your profits. Don't panic because somebody sells golds for no good reason like last Friday. Ride it out! Like Russell says.
Employment numbers. What a joke!
Just a piece of advice. I am just a humble participant of this bull, too.
Good luck to all. |
