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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by bond46on Jan 09, 2013 2:10pm
228 Views
Post# 20816206

The rationale of waiting

The rationale of waiting

Whether it's prudent to sell or not to sell at this price no longer depends on any economic logic; we are past that already. When one commits money to the market, because of too many variables affecting the initial conditions and therefore is unable to make any predictions, the best strategy is to write off the entire amount deployed in the marke from the start. So money in the market is money lost, and if something good comes out of it, that is a bonus. It's a kind of reverse logic, we must assume that losses will  come first and if gains come out, so much the better. But we can't go to the market to make money in order to buy a new car or pay our bills. This logic is a faulty logic that gets us into trouble. So assume the worse and hope of the best. This is my logic and how I view the games in the market. And that is only my logic and I don't expect anyone to agree with it.

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