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Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (12766)6/26/2013 12:28:52 PM
From: Return to Sender  Read Replies (1) | Respond to of 13403
 
OT: I wouldn't touch that stock. Why? Because despite the fall in gold and silver prices over the last couple of years they are no where near rock bottom prices. Silver will see $4 to $5 prices again.

I believe that there are 20 to 25 year cycles in the precious metals. They are cycling down now.

I also believe that there will be a big enough scare in the market that you will be able to pick and choose stocks with perfectly clean balance sheets perhaps a couple years from now that could give you huge gains with very little downside risk.

People want to think that just because the market rallied to new highs from the extremely low March 2009 bottom that the FED is taking the risk out of the market.

It's all an illusion.

I'll still be a buyer though if the Investors Intelligence Poll has more bears than bulls again.

Until then only short term trading for me.

JMHO, RtS