Look to the right and view the 10 positions that I have not sold.
As you can see everything I sold early in the day went much lower right after I sold it.
Here is what my stocks returned TODAY:
AA = Up 17.5%
AUY = Up 4.2%
CDE = Up 33.9%
DXO = Up 5.4%
GDX = Up 6.8%
HL = Up 20.7%
MFN = Up 5.3%
PAAS = Up 13.1%
SLW = Up 12.9%
TBT = Up 0.56
Not one position down! Even TBT was up with the Fed buying treasuries!
The market was down over 1% today and my account was up over 10% yet again. Not selling the gold mining/silver mining shares when it looked bad has made all the difference. I am staring to get scared about the mining shares now with their parabolic rise.
I may be selling HL and CDE. When a stock is up 34% in one day it may be time to take some off…
Subscribe to:
Post Comments (Atom)
MFN is goner. HL and CDE -- I think you are spot on to lighten up on those huge speculative names, especially after this rediculous 20%+ move.
ReplyDelete