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Yamana Gold, Inc. Message Board

  • ledlight99 ledlight99 Sep 3, 2008 2:08 PM Flag

    Strong buy @ $5.00

    Another one to two weeks to go to hit my buy target.It's amazing how gold and silver turned to shit.

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    • MAYBE 8 .............

    • I'm still short in WB, looking at the P&F chart and with the stochastics way oversold imo it will be going down and time to add to my position. Looking to go to single digits and a possible test of the lows. Patience fjackny.

      God bless and gl.

    • Speaking about the financials..

      I had shorted wachovia before last earnings and they missed by a mile. The stock went up 19% that day and another 16% the next. The prior story regarding earnings in the sector was that they were hitting the adjusted earnings and that's why they were going up. Of course they are hemmoraging capital like slaughtered pigs, but hey they hit the adjusted numbers. I had a feeling wachovia wasn't going to even hit those numbers and I was right and I still got killed.

      I tried to play US Air the same way with the hurricane and they took me down. I figured oil had to get a pop.


    • Yeah and when oil and refineries are shut down oil goes down at the same time! Reminds me of the financials, when the insolvent banks report losses added to their insolvent status their shares go up! Rigged/manipulated markets a understatement.

    • Every time I think we may be turning the corner we get smacked in the face. When we move up it's limited, and when we move down we get crushed. This sector is about as out of favor as possible at the moment. It could mean we are near a bottom. I sure hope so because it's getting really ugly. I try to avoid looking at my account.

      Euro GDP comes out tommorow and oil inventories I believe are on Thursday. Yes, every week now we have oil inventories so the boys can find more reasons to push around the market.

      It seems right now that bullish news has no positive effect on the market. They keep singing the same song about decreased demand etc. etc.

      Tommorows another day. Good luck.

    • So is your ass..

6.85-0.16(-2.28%)10:40 AMEDT

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