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


To: Rocket Red who wrote (91)4/5/2008 11:36:34 AM
From: tyc:>  Read Replies (2) | Respond to of 328
 
TSX:RAY (3-recco's requested)

On Friday, TSX:RAY achieved a new 13 day high. I therefore arbitrarily declare a new (nascent) up-trend. A stock probably (?) beginning an uptrend deserves a heavier weighting in the PF. On the strength of this nascent trend I therefore recommend we double the normal holding in it, risking a whip-saw if the trend doesn't materialise.

I am, of course, groping for strategy here and "trend following" seems appropriate to me.