TSXV:SLX.P - Post by User
Comment by
Finnthecelton May 17, 2011 12:25pm
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Post# 18588107
RE: Why we're not stupid
RE: Why we're not stupid"May" provide an opportunity? This IS the opportunity. This is when you buy, when there is blood in the street. Even if it's your own. If we be investors we should be buying methodically on these down trends. This is like stacking ounces for the "Big One". The prices are glorious because they have no basis in reality.
The reality is that commodities and stocks are being sold because of the end of QE2. Once the deflationary scare is full on and everyone pleads for the Bernank to rescue the markets we'll see some newly named stimulus du jour and off we'll go to the next stage of this currency crisis.
Don't forget the macro picture of what's happening here. Now if you're a day trader I guess all this pretty much sucks.