Gold and Silver Juniors, Mid-tiers and Producers Message Board

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

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To: loantech who wrote (65136)	5/9/2009 9:54:13 AM
From: tyc:>	Read Replies (1) of 78419

>>hope tyke weighs in on this. Tyke? As you know, I sold my NGX at a much lower price. I have no regrets as there were/are lots more fish in the sea. Frankly, our experience of both RIC and NGX indicates the futility and difficulty of assessing fundamentals. For RIC I was "expecting" lower cost per ounce... no wonder the stock price has fallen. The new "me" is firmly entrenched in trend following. (Who listened to my specious fundamental ideas anyway ?). Is the price going up ? If so buy it, and the converse too. "Pure price systems are close enough to the North Pole that any departure tends to bring you further south". You can enter any trade randomly so long as you have a sound escape plan and cut your losses short. I sold my ARZ just because it was down and bought IMG again just because it was up. NGX is going up ... as are a lot of stocks... and in Canadian dollars too... that should be significant to Americans.

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