Replies to post #1846 on Yamana Gold Inc (AUY)

[moneym8ker]

Neat link...
Yeah...
Ummm... I'll play along...

"Oh...I'm just a dummy and don't know a thing... wow..kitco...you must be super duper smart and so so impressive to be able to share a link"


There?

Did that make you feel better?


Look...
AUY and the gold trade WILL be in play...but they're not right now.

Here's proof:

Whenever there is a wrinkle in gold futures or the broader markets AUY slips 10%.

On days where AUY Should be firing (oh... you mean like FREAKING TODAY) when gold is higher, oil is strong, the broader markets are strong ...

YEAH! A DAY JUST LIKE TODAY...

AUY sits it out... can't even climb one full percent.

That's called recovery by the way...
When a stock gets beat up for some broad industry issue, it'll either recover and illustrate that it's oversold, or it won't recover, and illustrate that it's overbought.


But hey...
Thanks for the kitco link

Insert "oh by the way... I sold AUY at nearly 10% higher than where it is right now and you held and want to give lessons?" smiley face here

[SoFOR]

Thanks. I got out today, at a small loss, but made up for it in other ways. Waiting until technicals and fundamentals improve. Thanks for the lesson. Anytime you want to teach a guy to fish, don't hesitate. Thanks again.