MOY - Bullish Weekly Chart, page-120

Picked up parcels at 7.6c and 8.7c in early June and had an order for 5.5c but then got scared and pulled it because I already had more invested in MOY than any other of my goldies. Unlike you, I thought I would ride the bad news and hope for a better quarter or two going forward. I think you were right and that any price recovery was going to be long and slow until they restored some confidence by showing good results. Of course, the rampant POG has changed everything and not only put MOY at the top of today's list on the ASX All Ords but even produced a 40% increase on BLK over the past 3 trading days. I have taken some profits on RSG and still waiting to lock in 20c on some RED. AMI continues to be a sick man, not that I have invested. Not a time to buy market favourites but better to wait for a fallback in the POG.
Experience shows that there will be a correction and so I see now as a time to lock in some profits but also retain a proportion in case international events lead to more safe haven/recessionary buying. Fed Reserve anticipation obviously driving sentiment towards US$ and interest rates at present.