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

To: ItsAllCyclical who wrote (42472)	4/12/2013 2:21:07 PM
From: Zincman	2 Recommendations Respond to of 48092

The ego is a powerful master... What else is he going to do? Gotta keep selling the 'next event'. Broken clock no doubt... A nice trade setup today now the stops been run... Maudlin wrote in one of his books about the % of investors that hold a losing position 10X longer than they do compared to the selling of a winner. Seems 90% (or some crazy number) hold on w/ hope and rack up a big loss and they sell a winner much to early... Exact opposite of what the successful guys do. Cut quick and let the pony run... As we say here in Kentucky.. Rather hold a thoroughbred back than kick a mule in the ass.. ;)