2014 ShedHead Stock Picking Contest Message Board

STOCKTALK

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Gold/Mining/Energy : 2014 ShedHead Stock Picking Contest

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To: TheSlowLane who wrote (114)	1/4/2014 1:31:49 PM
From: 31Floors	Read Replies (1) of 164

TSL, No I didn't. Oh great, now I can be a REAL shed-head! I'll stand by my pick but you know, I don't think it would surprise anyone reading this if a gold pick wins in 2014. This December gold had the bugs crying out 'no mas' yet again, as we'd given up $1200 and just knew $1100 was in the bag. All the way down, anybug who just 'knew' it was going to say, $1300 and took the contrarian to the contrarian and went /stayed long....was wrong. For barely 2 weeks now the market is suggesting and we're eager to lap up, that just maybe gold has bottomed! The broken clock is finally telling us the right time. I put 10% of my pf back into familiar name, quality jrs around Dec 20 to hold about 20% in gold. For some crazy reason it just feels a little too easy to take that small 'return of capital' so to speak and book the gain. Maybe just crazy talk. But there are those w/ a lot higher % holdings right now and IF they FINALLY get it right it will be one H of a year. 31F

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