PRX 0.00% 0.2¢ prodigy gold nl

nothing to do but wait, page-45

  1. 4,906 Posts.
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    "'but it seems that it's even easier to keep avoiding the questions such as was the market right with its pricing of juniors in 2011 just before they started their rapid declines? Was the market right at the top of the dot com bubble?"

    chux

    The market is always right. Those stocks /indices got to those positions because the majority/the market drove them there so they were right at that point in time just like the same majority/market drove them back down. The key is to follow the trend of the majority and trade in the time frame you are comfortable with. Hence why I posted the monthly rsi indicator.. a long term indicator ....you are a longterm holder are you not? The longterm uptrend that has been in play for ABU since the GFC hit bottom is know under threat. Whether you are longterm or shorterm a trend exits. Goodluck.
 
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