- Yes I agree with stock picking, but in volatile markets you have to be spot on if you want to make a profit.
- For eg. Paladin (PDN): after the Japanese earthquake, most thought it was a bargain at $3.....but due to the economic crisis, PDN went to as low as $1.10
- How many are waiting for PDN to return to $3 to break even ?
- Also, fyi I am not all doom and gloom.....if I see an opportunity tomo, then I become a BULL for the day, and vice versa.