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


To: Veteran98 who wrote (162253)6/2/2009 10:48:24 PM
From: heinz44  Read Replies (1) | Respond to of 314099
 
Unfortunately we have to learn when to sell........I too have had many of those and after buying way too ealy waiting waiting sold as they started to move because i was tired of waiting
This time it will not be a up....quick down situation
Anyone selling gold stocks now on a quick flip is making a big mistake
cos that have proven reserves should NOT be sold on a flip
SK for example 2 1/2 mil ounces--7c......been holding for many years and did flip a few and my cost is now 0...........however on this move this can easily go to 2-3 .........so hold your golds imo
this reminds me of 1978.........been there hopefully learn this time
The only thing that has kept me somewhat sane........when I had it and I did I used it to do things (enjoy)otherwise had I not I would have lost that too...........i am one of those than can cope
with up one day next I/m broke,,,,,,,,,,,,my closest people could not
Been there 3 times and then completely broke ...........when I loose it its not 50-60%
its evertyhing!!!
In someways it has f up my later life-family..............would I change???
But then thats me
1998 it was so bad ....went to Vanc to promote,,,,,,,stayed until 1997 and was very sucessful because all who got involved with me at that time (5 deals) are still very good friends of mine.
So honesty (i would not push a stock that i would not buy myself) and friends are my main thing in life now!!
things i have gone thru and what i have been thru would make a good book
Made big mistake last year,,was going to go to european cup-would have sold everything by june---didnt do it
Anyhow too much info about me