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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.89+0.3%4:00 PM EDT

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To: Lazarus who wrote (56988)1/31/2014 9:31:01 PM
From: Mevis  Read Replies (1) of 218259
 
Thank u sir...

I started buying too early (22.43) followed by 2 more lots at 22.11 and 21.79....

Their forward numbers appear light and I think their all in costs are to the high side compared with GG and ABX. That's about all I know about their fundamentals - it's strictly a technical and psychological buy that I am willing to sit on. Think the reaction was over done as usual being the last day of the month. Stock price is at 2008 and 2003 levels. Come on thats crazy regardless of their numbers. Even at 1000 Au.

Great point about selling CC....definitely will do that once she bounces up to my first purchase price.

Thanks
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