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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: RMP who wrote (1885)	4/12/2013 3:37:33 PM
From: The Ox	Read Replies (2) of 8288

We actually took our profits (+ 20 cents) off the trade about a half hour ago, leaving the profits in stock but moving our initial capital to the sidelines. We'll look for another opportunity to do this again. If this was truly THE bottom in gold than we'll have a few regrets but we still have our "profit" stock as a small bonus. I think there will be plenty of opportunities to buy the stocks that are currently trending down. No rush, as far as we're concerned...... Even though many miners look washed out, the price of gold is not supportive at this time. Odds are, further weakness is ahead. As G pointed out on the WSEA thread, new lows beget new lows and new highs beget new highs. Our IRA strategy has been highly successful, we have nearly 80 stocks where we've left "seedlings", some small, some large. Tomorrow (or should I say Monday) is another day......

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