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

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To: marcos who wrote (46926)8/10/2007 9:33:08 PM
From: koan  Read Replies (2) of 78434
 
Marcos, on a serious note-lol, sometimes I am playing the market and sometimes the stock. 05 to 06 was huge for me, but all I did mostly was ride metals proxy's up with wts on large cap mining stocks.

When I think my proxy has about flattened out, I jump out. One way I measure that is to ask myself: How hard do I think it will be for the stock to double from here.

If the answer is quite difficult, I sell.

I like fundamental thinking, but I like it backed up by action.

I have no idea where we go from here, but my thinking is the credit crunch and fear may slow things down for awhile?

At the same time I am a big believer in the new world economy and the inherent weakness in the US dollar and US economy.

I hope I see the market take off again soon, as I do not like sitting on the sidelines.

I just felt the US is now spent fro a bit(i.e. the consumer is out of cash and cannot get more easily) and that could disrupt world growth for a few months.

I have seen this pattern so many times in the past where day after day there are more sellers than buyers and the juniors get ground down.

But I have my finger on the trigger if I spot something.
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