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Gold/Mining/Energy : Copper Fox -- Ignore unavailable to you. Want to Upgrade?


To: sense who wrote (9673)10/5/2015 8:23:55 PM
From: louel3 Recommendations

Recommended By
Hog Head
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Theotokos

  Read Replies (1) | Respond to of 10654
 
As Exploration said, your opinion without backup research to support it. Tell your story to the starving people of the world. Over the 45+ years I have been in the markets I have seen many philosophers come and go. All but a few leave broke. Reason ? they were dreamers without logic. In the markets logic is transposed to fear and Greed.

And believe it or not. There is a lot of logic in how the market works, it doesn't just happen. Like the world it is guided. Not without mistakes but in the end it returns to a logical conclusion. Seen by most in 20/20 hind sight. I have learned to disregard the analysts and talking heads and those who get caught up in a cause. They get blinded by it.
I never buy or sell the value of the stock. Instead I buy and sell the hype & emotion displayed within the price and volume. The names of the stocks change. The buyers and sellers change. But the hype and emotion repeats it's self over and over. Understanding that lets you sell while your still in profit.

Logic says investors buy a good story. Excitement keeps generating higher prices. Then when it peaks they can't accept it is over. Greed keeps them in as they analyze and discuss every angle why it has to come back. While being drug under water. Soon that turns to not being able to sell because they can't accept the loss. Saying it is only on paper. All the while being drug further and farther down. Finally it is nearly all gone. Many still don't realize that their. main mistake was focusing on their losses instead of what they could have salvaged

The truth of the matter was a loss of logic. For CUU It was to far from production with to many hurdles to overcome to sustain the price. Secondly the masses believed every word that came from the office as Gospel. Logic is that while a stock is being promoted the best spin is always put forth. Even if it has to be distributed in hypothetical terms, with hired talking heads to help.

.The same thing is happening now with Teck & the Tar Sands. All the derogatory hyperbole. And much of the heard are again being sucked in.

Energy by Coal is supposed to be history. Yet in northern BC they just permitted another Coal mine to come into operation.

Don Lindsay,the owners of Teck Keevils and Mitsibushi, will do just fine. Count on it. Teck ain't broke and the oil sands aren't over.