Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Fintas who wrote (109324)	12/26/2018 3:31:41 PM
From: Rarebird	Read Replies (1) \| Respond to of 116752

These end of the year/beginning of the year rallies in the Miners keep on getting smaller and smaller. The September High has yet to be taken out on a closing basis. And that is when the S&P was about 20% higher. Bull markets begin with a vengeance with rip roaring gains initially. In 2016, as I am sure you are aware the Miners rose over 10% in 2 days and were up close to 20% in a little over a week's time. The Miners had become a safe haven play here and the Market wasn't going to continue to fall 2% every day. As for my trade today, it's only a one day affair via Dust. I will do it again if the Miners rise agsin to September resistance, which I expect they will. Bottom line: if this was the start of something substantial, bullishly speaking, we would not see selling come into play at the first sign of a rally.