Tuesday, February 26, 2008

FWIW

Nice sell John. Can't lose by booking profits. What I do is basically have 4 portions. 2 of them I call my core holding and the other two I add then book. Then i'll have my core if it blasts off. If it gets too overbought, i'll start booking on the core and even start shorting. Don't worry about missing out as the quick bookings will FAR outweigh missing part of a run-up.

I missed that sub $104 SKF opportunity!! Financials very weak today considering the rally IMO

We're ready to reverse course very soon here so hang in there with the shorts. Best thing is we can book profits on our miners on a day like this and reinvest in the shorts for a discount. Full-proof plan while we're rangebound as long as gold doesn't plummet!!

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