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


To: Fintas who wrote (50613)5/22/2013 12:40:13 PM
From: yard_man  Read Replies (1) | Respond to of 219619
 
I agree with what you say --

It is never wise to get the tippy-top of the run --

OTOH -- it can be equally disastrous to pick tops -- I still try sometimes, e.g. -- but only with very short leashes.

Re mining equities -- back in W's watch they ran contrary as the market tanked for a good while.
The sector has been beat to sh*t -- it can collapse by half again with the rest -- sure it is possible.

[I'll be short when a turn is confirmed ... don't have to get the "big one-day collapse."]