Roebear:
It isin't a surprise to discover another stair at the bottom of the Hecla case. I like to begin purchase after an 80% retracement from the top. That was accomplished at around $6.50 per share. It is also true that it may not prove to be the bottom, but often it is achieved between an 80% - 90% retracement from the top step. Thus, as the opportunity presents itself, I shall schedule additions to my position in HL; we are nearly approaching that percentage extreme.
This late Thanksgiving found me in the company of quite enough foul looking cousins, as they appeared on or at nearly every seated table, so I decided to go cold turkey and ordered wiener schnitzel instead. It was, and still is, an interesting entree. I am not altogether convinced, however, of its origin being completely less than foul; it's o.k.
Hecla, on the other hand, is merely masquerading as foul, or so I believe. We shall know only in hindsight.
Yours, T.V.H. |