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Strategies & Market Trends : Ride the Tiger with CD

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To: Canuck Dave who wrote (78131)3/16/2007 4:48:49 PM
From: rubbersoul  Read Replies (1) of 312999
 
Personally, after a few weeks of extreme volatility, I don't think it's time to "ride the tiger" or bet on its downfall, but to lay in the grass like a sssnake.<g> Many of the lows have been made already by many stocks imo, during March 5 and March 14. If these prices aren't lows I believe they are very close to them and the downside from these prices will be minimal.

I try to remember that not only do juniors break out at different times within a general trend, they also bottom at different times.

I added a bit here and there today: IPT @ 1.76, SPM @ 1.91,
ALZ @ .33 (After talking to managemt @ PDAC, I believe the show is about to begin soon and I like what I heard), PXP @ 3.41,
and a pinch of SCM @ 2.60.

18% cash now.

I feel like I'm back in the driver's seat after being run off the road.

Decent article:

silverstrategies.com
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