RE:RE:August Was a Double Bottom Long-term Trend ReversalWolfin... I believe it was a big mistake for you to sell this morning. Go ahead and add more if it drops more... but don't sell what you already have in! Yamana is extremely oversold based on its ratio to gold prices. Eg. Last November AUY bottomed at $3.50 when Gold bottomed at $1,130. Today Gold closed higher at $1,140 and AUY at $1.89. Almost 50% lower from last November when Gold is higher than November's bottom! No significant news since November on Yamana other than market manipulation! If we mean revert back to the November ratio with Gold when Yamana slowly starts improving efficiency every quarter... she will pop back to $3.50 AUY, FAST! YRI higher than AUY based on currency differences. This wave of Gold/Silver rallying is not done with. I have COT Indicators that are accurate historically that I don't share on here. The rebound will be hard because the global market pullback will cause fear and investors fleeing to Gold for safety. The whole drop in the actual miners is because computer auto bot trading by big funds that automatically sells when markets pull back. But the market pullback has nothing to do with Yamana's performance with gold higher now and Yamana so low... it will POP hard and fast as soon as the global markets rebound. NOW IS THE TIME TO GO ALL IN !!! If it drops more... it will only be slightly. I have $10,000 more I will be getting end of September to add more if so. But I'm not selling my huge position already in now!