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Agnico Eagle Mines Limited Message Board

  • demasibob demasibob Jan 27, 2011 11:39 AM Flag

    YESTERDAY WAS THE "PERFECT BOTTOM"

    It just looked too easy for my taste.

    Every Gold Bug, including me, thought it was a bottom, and that's why I didn't pull the trigger.

    Now, the bulls will finally give up, and the next time this kind of bottom comes in, they won't buy back because they won't believe.

    The Gold Stocks will then easily climb, as all of the sellers will be out of the way.

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    • That is the hardest thing in the market to learn.
      When I was a young man, my friends and I would read positive news on some low price stock and jump into it immediately.
      Almost never failed. Within a day we were losing, and wondered why.

      Until this day it's still hard to buy when the news is bad, and sell when the news is good,
      even though I know that's what to do.
      It goes against your natural emotions.

 
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