“Why would anyone want to be in this god forsaken sector at this time ?”
Because this sector is still relatively cheap. That’s why I’m in it. We are still watching the weekly triangle in the PM shares. Just think, if it breaks down we can buy more on the cheap! If it breaks out to the upside, we ride the wave. You gotta be in it to win it. Long term it’s a win.
ST overbought. Let’s see is she gets impulsive?
I guess it’s never that easy.
Soon an ounce of coal will be worth more than an ounce of silver.
PMs suck !
Well, at least coal seems to have some stability. The miners are jumping up, then down, then down again, and then up. It’s crazy.
Nobody wants them for more than a day trade.
Why would anyone want to be in this god forsaken sector at this time ?
Most other conventional sectors are relentlessly rising.
“Why would anyone want to be in this god forsaken sector at this time ?”
Because this sector is still relatively cheap. That’s why I’m in it. We are still watching the weekly triangle in the PM shares. Just think, if it breaks down we can buy more on the cheap! If it breaks out to the upside, we ride the wave. You gotta be in it to win it. Long term it’s a win.
That’s why gold fever is a sickness. Investing in gold stocks has destroyed my retirement.
It is definitely a sickness.
An addiction
Folks like us get hooked…we are bad news bears.
Thank goodness for TA though..
Pretty bleak assessment of coal:
http://www.marketwatch.com/story/trumps-vocal-support-doesnt-unearth-coal-sector-bulls-2017-03-20?siteid=yhoof2&yptr=yahoo