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Gold/Mining/Energy : Gold Price Monitor

GDXJ 68.84

+2.0%

Jul 11 4:00 PM EDT

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Sun Tzu

To: Sun Tzu who wrote (115289)	2/25/2022 5:47:06 PM
From: Rarebird	1 Recommendation Read Replies (1) of 116588

I also agree with you about BABA on a number of counts. First of all, the chart is horrendous. Secondly, I don't think the Chinese government is finished regulating BABA. Thirdly, I think most institutions and professional investors are finished investing in Chinese stocks. Fourthly, dollar cost averaging into a losing position is a recipe for absolute disaster. Don't get me wrong, I've done the latter and suffered for two years before the stock began to rally where I recovered my money and then some. But I took a vow never to do that again and I haven't. Moreover, there are to many fish or stocks in the sea to get that strung out on one stock.

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