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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: zamboz who wrote (18183)5/7/2010 9:19:36 PM
From: Wade  Read Replies (1) | Respond to of 48092
 
Thanks for the warning and the ideas.

Great! We can just sell short if that is going to happen. There are several ultra short stocks we can use hedge. Or, I just buy more with my remaining cash. The fact is that there are many buyers want to buy physical gold. I am not sure the shorts have the stomach to sell short next week after they saw what happened of POG during the last two days. May be they can drive down a couple of % from the miners if POG can hold. Then, they'll have to cover. LOL

Warren Buffet's often says: Be fearful when others are greedy, and be greedy when others are fearful.

Well, I have no fear, nor greed. This is just my video game. LOL