RE:RE:Boooooom So many factors going against us.. The market one year ago was waaaay overbought.. euphoric... Gold trying to find a bottom to build upon, tax loss season yet to come.. Shorts are having a hayday.. etc etc... what longs have in their camp is the amazing results shorts were not anticipating and finding new oz for a 1$ an oz / drill results being stellar is our ace in the hole.... shorts were banking on the drill bit running its course and it's not hapenning.... My gut tells me the drill bit is so unbeliavably strong that Sprott just keeps buying knowing this will be sold multiple times higher... So yes even the best of traders get caught at times... Personally I have given up 15% of last years winnings... In the big picture its meager.. the biggest factor to success is to be in a position that you always have enough cash behind you... no matter what, I maintain that discipline to be 50%cash in hand in my trade account.. when you find yourself in that position you can welcome a blowoff if you jumped the gun.. In my TFSA i sold in the 40's bought back 50% in the 32 region and I plan to double when one of two things happen 23 goes or 15 fails... and those shares are staying put for buyout.... so in essence that account is up nicely in spite of the last blunder... so here we are waiting patiently..