SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 382.87-0.8%Nov 13 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TH who wrote (12355)3/4/2008 7:37:33 PM
From: gold$10k  Read Replies (1) of 29622
 
Hi TH,

if you really expected this, why hold 85%?

1. juniors as a group continue to strengthen and IMO are setting up for a huge move.
2. individual juniors are capable of moving counter to HUI as some of mine did today.
3. many of my juniors are thinly traded and I would not have been able to sell all at this time without driving the price lower... also difficult to buy back in size at the nadir of a relatively minor pullback such as this one. During PM positive times such as these, my modus operandi is typically to hold a core position while selling the pops and buying the dips.
4. I am not often so certain as to sell all my PMs. I just like to be able to take advantage of lower prices when they are offered. <g>

vt
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext