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Strategies & Market Trends : Beat The Street With SI Traders
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To: TheSlowLane who wrote (20998)11/14/2009 8:47:36 PM
From: tyc:>  Read Replies (1) of 233807
 
.." think Livermore would say that gold is in a major bull market"

Thanks indeed for your considered reply. I don't agree with it, but I understand your point. The fall we have seen in the price of EVG is inconsequential.... because gold is (has been) on an uptrend Bull Market and EVG is a quality gold stock.

This is a risky business and even good gold stocks in a gold bull market go down.. I espouse the idea that "to be successful one must increase his error rate".... I therefore try to enjoy admitting mistakes as part of the process of success.... acknowledging that a stock that I thought was going to go up is not doing so. The more mistakes of this kind I can acknowledge and cut short, the more assured I feel of ultimate success.

Forgive me for stating contrary views when I asked for and appreciate yours. But there's time enough to be long EVG when it demonstrates it's "going up now".
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