My average is around 7.9. Like a fool I was adding in low 8's expecting big moves into double digits. Certainly shows my market naivete. It is really painful.
I don't think so. She brings a different point of view. And she disagrees with what longs want to hear. We need diverse opinions for sure.
Thanks Goldman for your insights. While adding at these low valuations makes sense, I can't afford to get overweighted on AUY either. Tough dilemma!
Learn what? You mean how to spot a situation like this and use it for a profitable day trade?
I think you must be kidding. I am in RIG in the 44's and SDRL in the 37's. And I thought that was bad enough. I am not going to sell it. But, I cant throw good money after bad money now.
I was believing the analyst price projections.. Little did I know. I am not selling my sizable position. But I am worried. I can't keep adding and overweighting something that has entered a bearish territory. Normal human tendency.. Not saying right or wrong.
all around.. makes one think -- may be that is the signal for turnaround. But then gold is bearish. has no real bottom. as goes gold so goes AUY! Prove me wrong. I am long. I don't want to be correct about this sense of foreboding I have.
BX ytd performance is flat. Where did you make money ytd other than the dividends? I wouldn't ignore a contrarian voice. She rings true in many ways, whether or not it applies to BX at the current moment.
Seems to be falling relentlessly. Need your sane and objective assessment. If AUY is just a derivative of gold, it is not going to stop falling until gold stabilizes. Looks very dismal!