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

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To: hank2010 who wrote (38907)4/25/2007 3:40:16 PM
From: E. Charters   of 78416
 
You don't sell in May. You stay away in May. It's totally different. You simply don't buy. Why? I have no idea. If prices drift down, that is when you buy - buy - buy. If they are going up in the fall, that is exactly what you do. You don't buy when the stocks are screaming. You are supposed to have already bought. Ambulance chasing catches the ambulance alright but the people are already dead. Too late to hand out your litigator's cards. (Unless you want to do that at the funeral to the relatives)

Where I think this Stay away in May comes from is the brokers. They can't sell any stock. Can't make deals. Too many birds twittering in the trees. Their majority of their clientele no doubt dreaming of young love that used to be, are hopping aboard airlines en masse to go to romantic far away places, as romantic as their past was not and just about as far away ...

Of course I recognize that if prices are too fall, then the temptation is to sell, as they may not rise again.. this is a herd effect, and a paranoia that I cannot offer any solutions for..

EC<:-}
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