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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: loantech who wrote (4336)1/8/2006 9:32:02 AM
From: TheBusDriver  Read Replies (1) of 78416
 
Andrew said:

I myself do not usually buy stocks when they are bouncing off upper trendlines like that simply because its not a high probability trade

He took the words right out of my mouth. NGX is trading at its upper trend line and that is no a place to normally take a position....especially the kind of positions you like to assume....ummmm...I mean take.<g>

Having said that probably most stocks worth anything will be at their upper trend lines right now....so I guess the message is ride the bull with what you got and take some profits on the way.....buy the correction!

Geezzzz....what was ralph saying about following his own ideas????

Wayne
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