TSX:SGR.UN - Post by User
Comment by
Canonballon Jun 21, 2012 12:11pm
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Post# 20039517
RE: RE: RE: RE: WHAT WENT WRONG
RE: RE: RE: RE: WHAT WENT WRONG Iveyman...good points. I have been in and out of SGR on several prior occasions made money on most of those occasions (even in this 52 week down trend - which almost ALL gold stocks have taken). In this last and most recent purchase I may have timed it wrong too soon ( I got stopped out at a 1.02 today) as I have always stated- I have a get in price, and a get out price up, or down.
Not happy but I will get back in a little later this summer. And unlike the bashers here I know I can make mistakes and have - they have no better insight into the future then any of us - I play the odds sometimes it works, sometimes it doesn't.
The Gold chart had to go one of two ways it had hit that critical point and thanks to the world banksters gold is taking the hit ( I lost the bet) and gold is likely to hit 1500.00 before reversing. As I stated in the prior post the Gold Day chart was showing weakness - but the Week and Month cycles are still over sold and getting more over sold -so Gold will pop back.
However the way the world economies are shaping up Gold will go a lot higher - timing is the key - and watching the cycles and It doesn't matter which gold producer you own.
Cheers