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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (24025)12/21/2002 7:43:53 AM
From: jrhana  Read Replies (3) | Respond to of 36161
 
My starting portfolio for newcomers to the Precious Metals:

GG GLG MFL.TO CBD.TO ELD.TO CKG.V

To repeat: In Bull Runs strong stocks get stronger

Buying a television on sale may be a good idea.

Buying a stock on sale is often a bad idea.



To: isopatch who wrote (24025)12/24/2002 8:34:00 AM
From: Roebear  Read Replies (1) | Respond to of 36161
 
iso,
As you know, that is one thing I have learned, not to be bashful in the LEAST about buying strength back if I sell it prematurely.

I just had to "come home for the holidays", ggg.

In that spirit, have bought back most of my silvers adding about 20% to PM allocation and bringing me near 100% invested (including gassers). At least I was able to get them for considerably less than my sale prices, which with averaging from portions kept keeps me comfortably in the green (although I did sell more than I should have, silvers did pullback more than golds).

Very nice to have pullbacks forming the stair steps up while they last, which may not be much longer at these levels. Triangles forming on HUI and POG:

quotes.ino.com

and an ascending one on HUI 60min with resistance at recent highs soon to be taken out. I expect a higher plateau before more stair stepping.

BTW, take note of my winter update following,

Merry CHRISTMAS,
Roebear