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Not yet. These stocks are mostly 100-300% above my basis. Give it another 20% down and I'll be adding a bit.

I kinda like this part, we probably bounce and fade for a few days. Would love to buy more lower. I like lower prices.

If he is subjective, then you have to ask him about some of his strategies, have him explain some recent trades and why he did them. Both winners and loosers. Then grill him. For a system guy, see his stat printouts. Grill him on his black box.

Not in percent I thought...

Here is what a lot of guys do to me. Ask him for his 3 favorite positions. Do an hour or 2 of research on your own, and then grill the piss out of him. If he knows his shit, he will just spit it back at you to show how confident he is. Otherwise, watch him squirm.

Well, at least I was disciplined. I was down a bit over 6% today at one point, but doubled on my shorts around noon. Only lost about 4% by the close. 4% is a bit more reasonable for sure. I like it though, bull markets are known to have slow advances with steep declines from time to...

I wouldn't know honestly. You really need to talk with the guy and not rely on numbers. Ask to look at a few years of results though.

Anyone even know why gold was down so fast. It just dropped 15 in a 10 minute period. Did some short fund blow up or something?

Not that hard really. I talk with guys every day. Guys doing really nutzo things. I can tell almost instantly if someone is talking from his ass or not. It is not too hard. There are a million ways to make money in the market.

At least you didn't come in over 100% short..... I had gold and shorts.... I have not been slapped like this in over a year.

I say, talk to the guy for a half hour, get in his head and see if his strategy makes sense. Then see if he has made money with it. That is all you need to know.

I think it means something. One guy can be up 200% and have a very high ratio, while another guy can slowly bleed 2% a month and have a much better ratio. Which guy would you invest with?

Any updates on when this will be available?

Remember THV, I had 150,000 of that and it traded about a k a day also.... LOL

Thankyou Hollywood. I do not own CAU or EGO. I have heard some talk about the majors using their cash flow to make some acquisitions of the smaller players. Some of these small guys own land that they do not have the resources to use. I really do not know specific names. I wonder if there is...

Just added to my gold position again. Dollar getting schmissed as usual. Down half a percent against the yen/euro.

Hollywood- Thanx for the notes. What do you read to learn more about good gold companies? In my heart, I think the Dollar is flawed. I think Silver, Gold, Copper are excellent long term buys (in that order incidentally). My problem is that I have a hard time valuing these gold companies, yet I...

Actually, I think I am going to buy that moon book. Have you ever read it, what was your impression. Thank you again. I have a lot of projects on my table, but I think I can add one more.

Interesting. I did not look much, but this is all cribbed from Kondratieff, a Russian economist who wasn't too popular with his commie friends.

I just thought it was interesting b/c it is an indicator that almost no one uses. I like indicators like that.