Post by
tree73 on Jan 08, 2011 12:23pm
Well now.....
The recent large volume is part end of year sell off for tax losses and people taking a position waiting for a quick move up. Soon we should expect that the major selling has been completed. We will encounter more major selling as the stock moves up to higher prices as people try to mitigate losses from purchases higher up.
I have taken a small position with some stupid money that I have available.
Anyway, all the best to everyone 2011. This will be the year when the beginning of the major move in the gold and silver mania begins.
Tree
Comment by
nelson11 on Jan 08, 2011 1:59pm
Tax Loss dead line 24 Dec and there is a time limit to buy back in I'm not sure but it is at least a Month before they can repurchase, might be more.