Replies to post #5342 on Mostly: Classical

[KastelCo]

:o)

[amarksp]

now Frank, fess up and tell AuG that Bill Murphy is your hero and you owe all your trading skills to Sinclair...

[loantech]

Easy Frank, you stressed out? <g> Open opinions here I hope.
I think gold is controlled by conspiracy myself. But then so are diamonds, tobacco, sometimes sugar, maybe coffee, oil by Opec, fire insurance costs, wages are set and controlled by the big money boys at the top, hell a lot of things are controlled.

Just figuring out the machinations like you do is what counts. For me it is trying to find a fundamental angle or a good angle in a mining stock. So am I gold buggy, yeah a bit because that is what I know best even if that is only little. <g> I do trade too much but try to get in and out with some scalps as ISO would say but try to find ones to hold long term. SVL was one of those but they kept conning me (my fault)and then hit below the belt with the NR when they finally spoke the truth. So it had to go.

But long term for me is CBD which I have held off and on for several years and am now loaded up. Also CKG which I have been in and out of once and now back in heavier than ever before. I own each of these because I think they can hold up well in a metals downturn and may do well regardless and will do well if we continue to rally. That is if Randy ever decides to write some news that is.

So different styles and different theories for all. As Al Davis would say let's just win baby!
Tom

[au great]

Frank

Blanchard is the coin dealer in New Orleans who is bring the suit.

I'm not a long term holder in most of my PF. In fact I have never run up as many trades in the last few months in my life.
I have doubled my PF in a few months to my surprise. But maybe what I'm doing wrong is taking 1/2 of most doubles but putting the proceeds back into the market looking for other plays. I feel that right now is a critical point for us. If gold blows through 400.00 then a whole different crowd will enter the junior golds and take these stocks to unbelievably high valuations. This HAS to happen It cannot not happen.
There is no bull market in history that doesn't end in a hysterical buying frenzy. This may seem like its happening but I don't think it is in reality. I think what is happening is that PM stocks long dormant are just now coming to life and providing enough returns for people to spin the profits off into other plays thus bringing most of them back to life.
Well back to life is one thing but we are in a primary bull market and if the trend is your friend it won't be ending anytime soon, maybe a few years down the road.

I may get killed on this market but I can't bring myself to not stay fully invested in PM stocks and physical gold and silver. But how can I argue against taking some out. Wish I could follow this advice. Guess I'm doomed to lose it all.