i have to defer to my work. my tendency at this juncture is want to be fully invested from her on out. however my work shows a
correction coming up soon. so, i got off margin and raised some cash. i sold 2 positions and both are down today. i suspect after
next week we see a 4-6 week correction. that will be a great buying opportunity.
the commercials remain very short tHE dollar. and are very short silver.
dharma
I tend to agree and at this time the miners are certainly "leading" the correction, AEM and others with "disappointing" earnings have already corrected a good bit as has the HUI/Gold ratio, I think some of these stocks are easily halfway or more thru their corrections, we'll see. Again, before a very small buy this mornin I had NO positions so increasing my exposure on this dip will just get me back to a small core positon, I will add this; currently both GLD and SLV are seeing their daily RSI confirm these new price highs - so no divergences there. Lets hope we get that "load the boats" opp perhaps in mid March or so
Senor
i am feeling this- venus went retrograde 3/6/09 the stock market bottomed. it goes retrograde 3/4/17 the stock market will put in a top of some duration. the broad market has not a meaningful
correction since 08/09 i think we have some kind of broad market decline, which will bring the miners back down. it may be a larger decline than folks are anticipating. hadik has also said it
is possible miners make new lows not supported by the metals. anyway , my work shows a decline dead ahead. i believe the place
to be 3-5yrs is right here in the metals. i believe the majors begin a buying frenzy before 17 concludes. i did not sell one of
the explorers i have. anyway that is my thinking. broads correct . fed panics . miners under duress
the friend who alerted me to chpgf some many years back . told me yesterday, he spoke w/riefel the other day and someone is kicking
the tires of chpgf. mentates is one of the largest strikes in the world. it also has a large strike of silver and zinc.
i know nothing. do your own dd. its your money. investigate. or it wont be your money for long!
dharma