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Gold/Mining/Energy : Gold and Silver junrs- portfolio -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (60)4/4/2008 10:54:04 AM
From: tyc:>  Read Replies (3) | Respond to of 328
 
Would the members make their wishes known here, please ? It is not my style to sell anything just because it has got cheaper. But I have only one vote. Perhaps a 10%-15% drop should trigger a critical review, though.



To: Rocket Red who wrote (60)4/4/2008 11:17:46 AM
From: Wayne Campbell  Read Replies (1) | Respond to of 328
 
wait a minute, you hold or buy more when juniors drop, unless new info changes your original premise. Can't time a junior, so Basic Speculators Rules (BSR) is: BUY LOW, BUY LOWER, BUY AT THE LOW, THEN SELL 10% AT EVEN MULTIPLES OF ACB (average cost base).

Not sure if this works for the time frame of this club, but it certainly reflects reality....look at the long term charts.


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