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JustForFun7

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JustForFun7

Re: None

Friday, 11/09/2007 9:04:09 AM

Friday, November 09, 2007 9:04:09 AM

Post# of 35734
Reducing Metal positions

It may be a mistake but I am reducing my metals positions this week. I am almost out of zinc, greatly reduced my copper positions. Still holding Moly stocks though as it seems to behave differently than the rest of the metals. Maybe not as subject to so much manipulation because there is no futures market and is not LME controlled.

I am out of nickel but it is showing some strength and may be worth keeping an eye on.

Increased my position in San Gold (SGR) just in time for it to start to take off but then they go and issue a large PP than amounts to a large dilution if they exercise the over subscription.

Sitting on more cash than I usually do.

JFF7

It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

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