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

To: loantech who wrote (65501)	5/30/2009 12:05:44 PM
From: tyc:>	1 Recommendation Read Replies (1) \| Respond to of 78412

>>Maybe they will weigh in!! Is Kayco suggesting that one should act according to the message he gets from a five-minute chart ? I prefer the TA maxim that, to confirm whether a stock's price is trending, look at its chart from across the room. I'm glad that I like the fundamentals of all my stocks. But more important they are all trending up relative to my tough benchmark, 'cause if they're not OUT they will go, following the discipline of a stop loss system. Measuring my bets as the possible loss from the last purchase to the stop loss, I was amazed that only some 8% of my PF is at risk (subjectively). I sleep well increasing my positions as the stocks (and stop loss points) climb.... many small bets when the odds are favourable = low risk. If CASH is stronger than all stocks the appropriate remedy is obvious (now), but rising stocks with good fundamentals are usually not hard to find..... Also, it is an investment mistake to think only in terms of gold. Compare the gold price performance with the NY price of Canadian banks (TD), especially since early March. (But NXG has done as well and continues to do so). This is off the topic of the thread, so I'll go back to lurking ! Regards.