---what may you exercise caution or do something differently this go around?---
dude, we do need to learn from our mistakes or else we would not be around for long ... I mean, my lady would kill me if she finds out what I have done with her money ...
Previously I found myself entering a position afraid of missing being in a rally, as you know this thread and other PM thread are predominantly bullish most of the time, and sometimes emotion will get the better of your judgement ...
I do scale in some positions in the last couple of weeks, namely GBN (SA miner), MGN (silver play), PMU (it can't go lower, can it ??? and if it goes down, I think I have company in Bert)
at present I am 90% cash and 10% miners
I intend to increase the PM allocation to 20% miners by the end of January, even though it might not be the bottom, I feel that at least a tradable bounce is forth coming ...
didn't you just buy back some PMPIX last week - you are feeling bullish ???
financialsense.com
are you this dude ???
watch for break below 92.6 !!! |
