Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Free
Message: this was the basis of the Cannacord morning publication today

this was the basis of the Cannacord morning publication today

posted on Sep 08, 2008 03:23PM

DON’T STOP BELIEVIN’

“We're gonna go inside, we're gonna go outside, inside and outside! We're gonna get 'em on the run boys and once we get

'em on the run we're gonna keep 'em on the run! And then we're gonna go, go, go, go, go, go and we're not gonna stop til

we get across that goal line! This is a team they say is...good. Well, I think we're better than them. They can't lick us, so

what do you say?

” – Rudy Ruettiger (From the movie Rudy

).

With the S&P/TSX Composite having lost nearly 1,000 points last week, this is the bottom line. We’re seeing too many panic

headlines. Investors have to start looking through the valley. The cause goes back to housing and credit woes. Yet,

Home

Depot (HD)

has been on a tear in recent weeks. U.S. homebuilders have bounced off their bottoms. The leading U.S. market

sectors this quarter have been consumer and financials stocks. Do we let the pain paralyze us or do we use this market

weakness to do something? We say bring it on!

The market is trading in capitulation mode, like we saw in March. Isn’t this the ultimate buying opportunity? Isn’t it a little late

to be selling? Stocks have already priced in the negative news. Every comment we’re seeing is rear-view mirror stuff. It’s time

to look ahead and push forward through the abyss. We are going to emerge out of it.

Fear is out there, and the reason is that up until now, even though the market has been trending down, inverse relationships

have existed. Financials versus commodities. Airlines versus energy. Now everything is down at the same time. Stocks as an

asset class are down. Fear is at its maximum.

THE TIME OF MAXIMUM FEAR IS THE TIME OF MAXIMUM OPPORTUNITY!

Share
New Message
Please login to post a reply