Kim,
Basically I believe the trend is not yet fully established i.e., believed .... a lot of head games going on too. Once people believe the trend is _real, the stocks will move. There are going to be a few bumps in the road as people move in and out ..... also IMHO, if gold continues to stay range bound or tests new lows, it will have a damper effect on silver's performance - at least until the situation becomes so desparate, the need for Ag can not be ignored and silver completely decouples from gold .... which may happen.
I assume you have seen: investor1.com
The lease rate for silver continue to move higher too .... that bodes well.
I think the best strategy is to take a comfortable position (30 to 40 % of what you would invest here) in a few good stocks and ride with it ... if the trend continues to look strong, you may want to average up a little, but be careful, things can change quickly (as if you did not know <g>) ..... if the trend weakens, you may want to average down a little.
Somebody said recently "I do not want the first dollar or the last dollar in a stock" .... very good advice IMHO.
Take care,
MB |
