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Strategies & Market Trends : Ride the Tiger with CD

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To: Rocket Red who wrote (124465)7/21/2008 3:30:07 PM
From: Canuck Dave  Read Replies (1) of 314047
 
I dunno, red. I'm a pretty optimistic guy that I'll be able to stickhandle the markets.

With what I made on the BWR warrants last year I've bought those oil and gassy trusts. Dividends pay my living expenses. I'm 40% in with the rest into gold and silver. Still got lots of cash.

GXS and WER were a drag, but I'm so far ahead of the game, I'll never lose. Already spent over 10X what I started with, with another 10X is assets today, 3X of which are in cash.

If metals markets ever turn around, we'll catch the flying tiger as opposed to the clawing one. Just have to keep our options open.

Flexibility is more important than correct opinions, IMO. Look at what the juniors did when gold went from $650 to $1000 last fall. Nobody predicted that. Nobody.

CD
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