Yeah looks like the dip only went to $1.92
I sold 25% of my holdings today just to give myself a bit of flexibility. If there is any st weakness in the price i can take advantage and still capture 75% of the upside. CBA just cut its divvie to 1/3 so i guess the dip in price doesnt make up for the massive div everyone thought they were gonna get at $58 a share. Lots of people will start looking at stocks that might rise thru all of this as reality sets in as investors start to see their div income streams evaporate. I would expect gold producers to rally more as $$$ is pumped into the sector by investors that have missed the boat watched their blue chip stocks halve while gold stocks continue to rise. Watch for prices to run higher than they should as people rush into these stocks?
SLR Chart, page-489
-
- There are more pages in this discussion • 1,045 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)