Welcome To The Silver Standard Resources HUB On AGORACOM

SSO on the TSX, SSRI on the NASDAQ

Free
Message: "all in" by ted butler

cmunny, welcome to the sso forum.  in the short term anything is possible, and sso may decline further.  but at these levels, i think the risk of being out of this stock is much greater than the risk of being in it.  even if silver has another waterfall decline, i think the effects will be short-lived.

my personal opinion of technical analysis is that it is more useful for predicting the past than the future.  these days in particular, when central banks are liable to dump gold on the market at any time, and take silver along with it, i don't make any decisions based on technical analysis.  the boys running the treasury and the fed are looking at the same charts you are, and have the money and resources to paint those charts any way they like.

i hope your system works for you, but i focus on the fundamentals of sso, as i think this company will be very successful no matter what the price of silver does.  btw, i think all of the other companies you mentioned are worth holding as well.  some, like svm, i expect to do better than others, but i believe all of them will do very well in the next few years.  i just don't have any confidence in waiting for a pullback to take a position in them.

Share
New Message
Please login to post a reply