Day traders' heaven. Investors' purgatory BDR +15.9% MML +16.4% NCM +11.4% NST +10.5% OGC +15.8% RRL +9.3% RSG +11% SAR +11.4% SLR +12.4% TRY +14.3% PRU +27.4% SBM +21% EVN +21.8% PNA + 9.4% RDM +39% CCU +14.3%
mmm this is where "don't chase prices let them come to you" is so bloody difficult. There will be a pull back
There will only be a pullback if I hold on to what I have - if I cash in the gains today the SPs will ride higher. I have finally figured out how this works Meanwhile BGS continues to go nowhere
Thank "enter diety" we are now living in the information age We can live from doors to countries away but are connected via the net After years/decades of being informed of what is suitable for us as an investment vehicle..... la la la, we now can talk amongst ourselves and make an informed decision as to why it's suitable, the grounds on how to progress on this idea, or simply just sit back and watch. I believe the financial market we are involved in is highly manipulated, the fiat concept needs to meet the expectations of the users of it because it's failing badly So Go "BDR +15.9% MML +16.4% NCM +11.4% NST +10.5% OGC +15.8% RRL +9.3% RSG +11% SAR +11.4% SLR +12.4% TRY +14.3% PRU +27.4% SBM +21% EVN +21.8% PNA + 9.4% RDM +39% CCU +14.3%"
Not wanting to piss on anybody's parade but be aware this might be a short covering rally and may drift back down again pretty quickly
I take your point Time will tell, I sense a change is in and we may be witnessing it, always hard without perspective but optimistic anyway
NCM 11.95+0.83 (7.46%) http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=NCM#chart
Here today in 2 hours and 37 minutes Stand clear please Got some more Doray (DRM) in the last few days but not set up to sell anything into the bounce
Imploding gold stocks! I doubt I'll buy anything today, but let's not forget how these things jump from the gate when we get a decent gold rally. Most of the quality goldies were already showing weakness before today: SLR, BDR, SAR, NST, MML, TRY. During the Gold rally of July August these goldies on average roughly doubled. Now they're giving a lot of it back . Sometime they will present an opportunity again. My target will probably be SAR because it is a sub 20c stock (more attractive to traders) and did the best in the July Aug rally. Also SAR has a substantial and valuable gold hedge, has a sizeable resource and is in production. My understanding of its mine is superficial though. Try to get to a free carry with goldies.
