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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: stan_hughes who wrote (92899)3/29/2008 3:03:17 PM
From: bart13  Respond to of 110194
 

At some point on the POG curve one can expect the juniors to finally ignite, but OTOH if oil goes to $150 first and crashes the whole market, you may be able to buy them a lot cheaper.

A classic "hold what you already have but don't buy any more yet" scenario


I still do have my core position, but between the wild volatility and high short interest and failure of various junior indexes to break down trends, I'm very much in a holding pattern with juniors and also miners in general.

Shorting the stock markets is where my trading attention is and has been since early this month.



To: stan_hughes who wrote (92899)3/29/2008 8:16:48 PM
From: Robin Plunder  Read Replies (1) | Respond to of 110194
 
I think part of the interesting thing about investing is that it is very individual, and perhaps we puzzle ourselves about why some folks choose different paths than ourselves.

On the gold juniors, I look at the weekly charts for aqi.to, and I see a likely ascending triangle measuring at least to 15. I look at TRE and i see a long consolidation about to break out to the upside, I look at GBN, and i see a nice trend to a new high..I look at not.v, and I think they have hit the motherlode and it does not matter what metal prices do...

maybe I am wrong, but I am definitely holding to my position...but each of us has to see what we can see....I dont even talk to my dad anymore about this, because our styles are just too different...

Robin