TSXV:GLG.H - Post by User
Post by
bendergardenon Jun 07, 2011 6:44pm
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Post# 18683760
I added at $6.20
I added at $6.20Next stop for an add would be about $5.50 or so, as a slightly bigger buy, and then $4.85 - $5.00, a much larger buy, if things got that dismal.
Obviously things would be simpler if it didn't get down to that level, but who knows. It has become quite apparent that the Sino situation will not be resolved quickly. Throw in some general market volatility, eurodebt scares, china slowdown etc, could be a rough ride for the next little while.
Can't do anything other than buy, to make lemonade out of this situation.
I mostly will be focusing on global telecom, energy (nat gas especially), south american banks, high tech and healthcare over the next while, if the market keeps spiralling down.