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Gold/Mining/Energy : Insiders tradings on canadian stocks -- Ignore unavailable to you. Want to Upgrade?


To: robin hood who wrote (593)8/13/1998 9:16:00 AM
From: Guy Paquin  Respond to of 2322
 
Hi RH. it looks like i am dealing with Buffet's style investors here. You are so right about being patient as long as you bought undervalued stocks or you got in at the beginning of the bull. Momentum trading was more my cup of tea, where patience is often not your better course of action. However you have to be flexible and adopt the style of trading suiting the market you're in, hence, I am discovering the benefits of value investing.

I read in the Globe this morning that Warren Buffet is sitting on $7.1 billions in cash. I bet he is expecting the markets to go lower and is going to scoop the bargains with a shovel. I wouldn't be surprised if he bought gold. Gold stocks perform well in a bear market ( to soon to call this slide a bear though).

Patience, patience ( it cost one a bundle to learn about its virtues doesn't it)

Have a nice day

GP