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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Cheeky Kid who wrote (5849)	1/1/2007 6:28:24 PM
From: TheSlowLane	Read Replies (1) \| Respond to of 30232

Been there done that, as well. There are a couple of ways that this can be addressed. One is to periodically cull partial profits on positions when they are clearly overbought. This will insure that you get some money off the table that can be rotated into oversold stocks or other asset classes altogether. Another idea is to study previous manias such that the characteristics will be more easily recognizable when they are manifested. Charles Kindelberger's "Manias, Panics and Crashes" is a good resource for this. Another way is to put in sell orders at prices well above current prices and at levels where you would be happy to take profits. You can always adjust the sell prices down, if market conditions seem to be eroding, but having the orders in place serves as a reminder that profits need to be taken at some point.

To: Cheeky Kid who wrote (5849)	1/1/2007 6:38:18 PM
From: Rocket Red	Read Replies (1) \| Respond to of 30232

Uranium expert James Finch sees nothing but blue sky for uranium explorers and producers, particularly the juniors. In a recent article in The Conservative Voice, Finch said: "Barring a miraculous 'recovery' announcement from Cameco about the company's Cigar Lake project in late January or early February of 2007, shares of many of the junior uranium companies, especially the real near-term uranium producers, could be in for a rocket ride through early March 2007."