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Strategies & Market Trends : Ride the Tiger with CD

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To: russet who wrote (1966)1/9/2004 10:27:00 AM
From: tyc:>  Read Replies (1) of 313057
 
If I read your cynical but realistic remarks correctly, you say that mining stocks have no long term investment merit. It sure seems true that most of them ultimately end up worthless, many of them, even producers, without having paid any dividends to shareholders.

My last posting was a vindication of short selling. If your posting has merit, and I believe it has, then it would seem that the long term investment merit of mining stocks lies on the short side.

How come we are all playing the long-side exclusively ?

It is possible to play BOTH sides. You end up with two investments; when one zigs, the other zags so the overall volatility is low while the volatility of each side separately remains high ! All you have to do is remember to BUY the Zags and SELL the Zigs.

(I wonder if we quaf the same brand of ale !)
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