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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (38869)	4/25/2007 10:49:27 AM
From: koan	Respond to of 78412

A simple concept, but one people might not think of. There are always some seller's as people need to sell for many reasons. What happens is that as volume drops there are more seller's and not enough buyer's and as a consequence prices drop. Another thing to look at would be total volume of the T and V. If we see it is dropping then bail out.

To: koan who wrote (38869)	4/25/2007 11:57:02 AM
From: AuBug	Respond to of 78412

You don't have to look far to find many commentators saying going long the yen is going to be the trade of the year. Maybe. But, how often is the trade of the year so obvious to so many. Canada may raise rates to stifle inflation. Why would Canada be having more inflation that the US? I bet we have more printing presses ;-) I wouldn't be surprised to see the Fed raise rates to head off inflation. My family has suffered a lot of inflation even though the feds lie to us constantly about how low inflation is. Everything we buy is going up up up. At some point the roosters will come home to roost and the economies of the world will slow down. I think gold is going much higher but I think gold is going to go through $700 and HUI is going to rip through 400 like a blow torch through warm butter. My intuition says it's not going to just mosey on through, it's going to show some serious conviction and volume. I'm also not convinced that the correlation to the dollar is sound. The bear market in the US$ will resume but I'm not sure that it's cause and effect for gold to rise. After HUI bounces off 280ish I'll be converting my 50% cash position into junior gold and silver stocks. stockcharts.com

To: koan who wrote (38869)	4/25/2007 12:11:42 PM
From: heinz44	Respond to of 78412

One approach would be to sell part of your portfolio (average stocks) and stay with just a few that look to keep going like FNI OR, how about revamping your portofilio completely.bank the profits...buy ones that havnt moved much (dd)...that way even if we go thru a "backwashing" they dont have too far to drop!! That is what I have been doing!! latest buy GMK...right people Sold all WRY today (what I had left)

To: koan who wrote (38869)	4/25/2007 1:04:46 PM
From: onepath	Respond to of 78412

Sell in May? Dunno but using this little correction to cull a few positions as I know I can get into better plays at a discount.Trying to get about 20% cash to take advantage of any short term.My thoughts are summer rally starting sometime in mid May to early June. BWR Next year,s p/e will be under 4 and they will be the best priced miner on the TSX with an excellent growth rate. Teck is trying to buy nickel and RNG is giving it away... Post says Teck moves closer on takeover targets 2007-04-25 09:07 ET - In the News The Financial Post reports in its Wednesday edition Teck Cominco is still seeking acquisitions, says chief executive officer Don Lindsay. The Post's Peter Koven writes Mr. Lindsay acknowledges, however, that it is having trouble finding takeover targets in commodities such as nickel. Speaking on a conference call with investors and analysts Tuesday, Mr. Lindsay said his strategy remains the same. He hopes to improve Teck Cominco by diversifying its resource base so about 35 per cent of the company's revenue comes from products other than base metals that have more stable prices. "Nickel, uranium, and iron ore -- we would love to have assets in those commodities," he said. The company may make a move soon. "We have a number of investment possibilities that are reasonably advanced and we'll be discussing [them] with our board," he said. "Over the course of time, we'll be acting on some of them." Teck has been looking for acquisition targets since it failed to buy nickel giant Inco Ltd. last summer. Mr. Lindsay said "some [commodities] are easier to get into than others," singling out nickel as being difficult. "We're still interested in nickel, but we don't see entry points in that industry."

To: koan who wrote (38869)	4/25/2007 1:06:54 PM
From: roto	Read Replies (1) \| Respond to of 78412

actually, monetary liquidity is responsible for most of the overseas growth; the middle classes are developing in Viet Nam, in Russia, even in Egypt & Iran of all places, via the 'free flow' of investment dollars from the Chinese & other countries with large holdings of foreign currencies. and, we as commodity investors (stock speculators) do well. the irony in all this is that the American middle class will become more stressed with it's inability to compete for increasingly scarcer resources because of the weakening US$ & increased debt loads, public & private. another fly in the ointment to be considered is that the US infrastructure is 'dated'; the car culture & distant suburbs soon will no longer be the panacea of 'the good life'...it's progress will become prohibitively expensive! the one thing that fluxes this scenario is the occasional burps out of republican administrations the last 25 years or so ago. the ill advised foreign forays & clumsy statesmanship have a tendency to destabilized the world in different ways causing a flight of safety into US$. it does seem as if this is the hammer the US has over the rest of the world.

To: koan who wrote (38869)	4/25/2007 1:45:34 PM
From: marcos	Read Replies (1) \| Respond to of 78412

It would be good to see more sell-in-may sentiment, that's the only thing that worries me a little right now ... quite a few of us planning to stay in [me too], maybe we're not representative of market players at large though, whether we're brighter or stupider we'll soon find out, lol Seasonality is important but is not an automatic lock on chart prediction ... last year was classic, can't recall the year before well as i was involved more with off-market stuff then, but sort of recall it as similar[?] ... so if there is a two-out-of-three rule, this could be the odd one out, and certainly the US dollar and metals price trends don't look tired at this point For me it is all mixed up with personal preference, just don't want to get involved with any new real estate stuff this year, had enough for a while, even though the market remains good here imho ... just passed up a small opportunity anyway, don't care, got other things to do around home ... but a good part of it is that i figure i've got some quality stocks picked, and don't want to let go of them ... 'we shall sell no wine before its time'