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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: The Reaper who wrote (23581)8/15/2011 3:02:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 219173
 
Truly impressive numbers... and I do believe your math, but somehow for me, I feel very uncomfortable taking any long position in anything that even resembles an option... probably the best thing for me to do is just buy the shares and hold them for 3 to 4 years and if gold goes to 2000 and higher, which I readily expect, then today's outright purchase should do very well...

Looking at the chart, I see the shares had a sharp decline on the same day that silver had their sharp decline... since it is a gold mining company, why would they react to the silver market when gold didn't blink that day? Any ideas? TIA

GZ