Ride the Tiger with CD Message Board

To: The Jack of Hearts who wrote (218362)	6/29/2012 12:26:41 PM
From: Rarebird	5 Recommendations Read Replies (1) of 228284

Nothing is impossible. But the odds of that happening here is less than 1%. When I go long the Junior Gold Miners, I don't look for catalysts; that's an amateur obsession. Moreover, I never become concerned with exact prices or timing. As long as GDXJ continues to form higher lows, it will eventually behave strongly. I have a price target of $40-$42 that I expect to be hit by late November. PS If you live in the fast food (or fast trading) instant gratification society, then, of course, you can "go broke", as you say. I'm the tortoise who slowly scales in and gradually accumulates for the big pay day here. I'll let the fast trading hares blow their wads and minds watching each tick. As Sartre said, "life is what you make of it", provided you got good health.