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Strategies & Market Trends : The Art of Investing

PICK 51.06

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To: Sun Tzu who wrote (9377)	12/4/2024 4:39:02 PM
From: sixty2nds	Read Replies (3) of 10711

It has been a busy day... I have NOT liked the action in VNOM since it hit $56. It has been feeling like sitting at the top of the sliding board. I drew a line in the sand at $53.20. Sold 70% of the Position...an original 2X position was 7.23X at $56. Average Sale price was $53.22 Average cost was $30.99 Then I started the Tax Loss Selling... GROY, TBIIF, ODV ... gone IMO EQX is looking pretty good on the Monthly, Weekly, and Daily charts. I was sitting on a Full Position. I doubled the Initial Capital Invested at $6.015 EQX is 2X. My thought is EQX is about the only gold miner that doesn't need POG to go up AND The share price can rise. What happens at Los Filos is a coin flip BUT An argument can be made that if the mine shuts down... Share price goes up. If a new contract is signed... Costs WILL drop Share price goes up. PYPL is running in a steady kind of way. I was waiting for a pull back to the low $80s that is not happening. Made the buy at $86.92 PYPL is now a Full Position. Time to go for a walk and let the smoke clear. Cheers, 60

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