KAT Exploration Inc (KATX)

[Eagle777]

I have been trading a long, long time and after a while you get to recognize both blowout tops and capitulation bottoms.

I remember watching CNBC back in October, November 2008. The fear was so palatable, investor physiology was just so bad, that to me it was a SCREAMING BUY! I loaded up with a huge position of SPY calls. And sure enough a few days later the DOW had its biggest up day in history, blasting off 900+ points.

So when I see some shareholders going just completely irrational and all of the hyperventilating, I just have to fade that and buy.

Mark this post: Within 1 month, we will be up 50-100 percent from here. Within 6 months, we will be up 500%. I'll take those gains.