so i did end up unloading my AUY and SKF holdings yesterday before close. today bought back in AUY @ 10.2 and SKF @ 122. man, i was thinking about putting in a limit order on SKF at 119.5 but thought "there's no way." wow, i can't believe it would have filled!! crazy. oh well, i'm glad i played the move. maybe i'm starting to understand things a bit more. follow the trend, not the rational. hopefully gold and financials turn around from here.
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so i did end up unloading my AUY and SKF holdings yesterday before close. today bought back in AUY @ 10.2 and SKF @ 122. man, i was thinking about putting in a limit order on SKF at 119.5 but thought "there's no way." wow, i can't believe it would have filled!! crazy. oh well, i'm glad i played the move. maybe i'm starting to understand things a bit more. follow the trend, not the rational. hopefully gold and financials turn around from here.
Awesome job Nate, Congrats :)
The more you get used to selling and buying back lower it'll make more sense than buying low and selling high if that makes sense????
Basically think of it as exchanging your high shares for more at a lower price.
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