Hello McGustoNew - don't you mean buy low and sell high?
Hard to sell if you have no stock - all my opinion.
If you mean buy when it starts to go up I agree but what is your method of telling if it is a blip or the start of a rally?
Buying up-trends is good advice - I think that is what you mean. Buy the dips on the way up etc. Very true, however once again is the dip you buy just start of a much larger fall? Again how do you handle that?
If you have bought already however, not on margin or T+3 of course - a bit early what do you suggest? Lock in the loss? Doesn't that depend on the fundamental outlook?
I would be interested in your take on the production and exploration outlook. That is if you are willing.
Regards,
CW
positives looking forward, page-24
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