oh yeah, I wouldn't chase em now, hopefully you guys picked some
of these pms up a few weeks back or even last week. I would
focus on some that haven't yet moved strongly, there are quite a
few cap ones and juniors that could play some catch up.
Usually the larger cap pm stocks move first, then the small
cap juniors play catch up. however when playing the small
ones, while % gains can be better, they are also more prone to do
financing's and gap down etc
My guess would be that they will pullback when the market
finally pulls back. However I do think that a decent bottom
was put in place and that a pullback will form a higher
low.
as I said below, gold stocks should pullback once the market
pulls back, and we'v seen that today, as the SPX has pulled back
off the highs, GDX has as well
As I said earlier today when asked, I said gold stocks should
pullback once the general market pulls back, and we see that today,
GDX well off the highs
ax11- regarding
CDE etc, my comments, my comments were that some of the stocks had
come a long way and looked like they could pullback, especially
short term like they did today, but I didn't say anything about
shorting. I personally don't like shorting stocks that look
strong like CDE, but need a little pullback. You can sure,
but I'd rather focus on something else
oh yeah, I wouldn't chase
CDE follow up
Posted by matt on 21st of Aug 2012 at 11:12 am
oh yeah, I wouldn't chase em now, hopefully you guys picked some of these pms up a few weeks back or even last week. I would focus on some that haven't yet moved strongly, there are quite a few cap ones and juniors that could play some catch up. Usually the larger cap pm stocks move first, then the small cap juniors play catch up. however when playing the small ones, while % gains can be better, they are also more prone to do financing's and gap down etc
My guess would be that they will pullback when the market finally pulls back. However I do think that a decent bottom was put in place and that a pullback will form a higher low.
as I said below, gold
Posted by matt on 21st of Aug 2012 at 12:09 pm
as I said below, gold stocks should pullback once the market pulls back, and we'v seen that today, as the SPX has pulled back off the highs, GDX has as well
As I said earlier today
Posted by matt on 21st of Aug 2012 at 03:13 pm
As I said earlier today when asked, I said gold stocks should pullback once the general market pulls back, and we see that today, GDX well off the highs
so a good time to
Posted by ax11 on 21st of Aug 2012 at 05:09 pm
so a good time to go short then..for a couple days
ax11- regarding CDE etc, my comments,
Posted by matt on 21st of Aug 2012 at 07:23 pm
ax11- regarding CDE etc, my comments, my comments were that some of the stocks had come a long way and looked like they could pullback, especially short term like they did today, but I didn't say anything about shorting. I personally don't like shorting stocks that look strong like CDE, but need a little pullback. You can sure, but I'd rather focus on something else
$GOLD (@GC)
Posted by winter39 on 21st of Aug 2012 at 12:21 pm
gold is also pulling back; is there a best place to sell , or better to add to today, or wait til overnite on 1 cc?
Thank you for all your efforts. Look forwaqrd to the forthcoming ERX system.