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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: E. Charters who wrote (107581)3/8/2008 2:38:55 PM
From: SwampDogg  Read Replies (1) | Respond to of 314091
 
<<So we expect its path to reflect sanity and adjustment to metals supply and demand. It is not just a wild Dutch Tulip market that the tech stocks were...>>

I would totally disagree. What we are going into is nothing that you or I have ever seen nor will we ever see again. The only reference that one has is the history of manias. The fact that this market is going to be left with only one real place to go (unlike tech in 2000) will make it even more explosive. The further that things are overvalued the higher they can go. It is the very divergence from reality the releases an investment to go to unforeseen heights. There is nothing that has the more ability to create a mania than an exploration stock as there are no earnings and only dreams. The perfect lottery ticket...

As far as the discovery stocks go you are talking FA. The TA is saying something different. Go with the TA...
There is a reason that geologists never make money in the market...too rational