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Message: Re: Hope you've got more patience
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Jul 06, 2008 11:04PM

tau
Jul 07, 2008 09:53AM

Hi Cedar!

I agree with your comments, however today I feel that my patience has been rewarded. See, I have been sitting on a bid @ $2.31 for a couple weeks and today I got filled for just another small trading batch. In a few days or weeks I will sell the traders and pocket more easy profits for my patience. All the while, my core position is locked up in my retirement account, as I wait patiently for the big uptrend that will carry the entire sector higher.

Today has been pretty much a washout across the board. The usual intervention after a long weekend lifted the markets for a few hours this morning, but reality has come crashing back. In the meantime, there was intervention underway since the Asian trading overnight to drive gold and silver lower, but both are now recovering well off their lows. This is shaping up to be a pretty good week if you can see past the noise.

cheers!

mike


tau
Jul 07, 2008 10:51AM

Jul 07, 2008 12:31PM
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