Ruthlessly cut “hope stocks”
The below piece from Sprott Global Resources — chiefly conveying some recent thoughts from analyst Brent Cook — caught our eye; and we deem it wise (if a bit unpleasant) advice for resource bugs.
Next you will see cardboard cut-outs of people in the stands like they do in high capacity driving lanes.
I took Brent’s advice from BNN a couple weeks ago and am consolidating into a couple of my favourite stocks and will hold them and trade them based on the RSI and BBs.
OFF TOPIC:
The Sidney Morning Herald this morning had a front page report which was very strange.
Smh.com.au
The report out of Russia suggests hitting the San Andreas fault and Yellowstone to trigger quakes as the best method to attack the U.S.
That’s kind of amusing CFS. Did they overlook the fact that sending a nuke into the US would trigger a response so overwhelming that nobody will even be around once it is done to see Yellowstone explode?
Something tells me at this point people holding these stock don’t care. I know I’ve written mine off as total losses. Why sell?
As U guys know…all the mining stocks….r absolutely hammered nobody was spared…..why sell…exactly….these ‘investments” will pan out eventually – patience is again -key here..MARK MY WORDS..THEY WILL COME A TIME WHEN ANY COMPANY WITH ‘GOLD” OR “SILVER” IN ITS NAME WILL BE ON FIRE – THEN U NEED TO GET OUT…:)
Surely you meant to write “Marc my words”!
NFL NEWS
ATLANTA FALCONS….FINED for fake crowd noise.
What does this say about the economy. Not enough cash available to fill the seats. ootb