NVEI either I'm way wrong or this is a good time to get in my first buys were at 9.75 and sells over 12...then I bought more at 9.75 average just play money 500 shares...
Nows a good time to either bail (never lose more than 50%) or buy more to average down...DCA says this is a great op to brin your average down...market says this is gone from super high risk to ultra high risk speculation...I said if no news or they start making excuses this would be a clue...so far nothing...
My gut says buy more but my wallet says sorry you gotta either sell shares of something else or grin and bear it: cash account will be used for xmas...sucks...if I had more funds this seems like a no brainer although risk has increased in this market...not unlike VDOT trying to go NAZ earlier this year the market pulled them under...now the MM's have the same excuse for NVEI...
It's gonna be close...
Further LU hasn't announced or even hinted anything about copper and the test results that were supposed to come back in October still haven't been announced...
If they pull this out they still have to run against the tide although the tide is shifting a little...we are near a bottom I can feel it but is it a bottom on the way back up for a prolonged period or a bottom where it goes up just a little before sliding further...my main souce of info and indicators is late should be mailed mid Dec...so I have to look it all up by hand as it were...pain...
VDOT should be very interesting over the next two weeks...there are some very cools deals being worked on...
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