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

To: Rarebird who wrote (113007)	11/9/2020 7:35:54 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 116954

I said nothing about going in and out. One of my holdings went up 53% today. I would not be buying it in such a run up. But I would keep an eye on it and get in once it settles. If you didn't anticipate the run up and positioned yourself well in it, then wait for the trend to be better established and the stock to pull back before jumping in.

To: Rarebird who wrote (113007)	11/9/2020 8:52:32 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 116954

I've already made my plans known for silver. I am waiting for it to hit 19ish level and show some strength before I buy it. And if it hits 14/15ish area, I will not even wait for it to show some strength, I will just add to it from time to time. I expect that oil and REITs to do very well. But I don't think that today's run up is reason to chase after them. They will pull back (especially oil) and then I will add to my position. Covid is going to be with us for a while longer. And the real economy is still pretty weak. As the market comes into grip with this, you will have chances to jump in. BTW, there has been a rotation at work in the market away from momentum growth and towards value. So the FANGMAN, TSLA, ZM, etc are not the best places to be in anymore.