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Message: Re: Gold Market Update
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Dec 24, 2010 12:04AM

Dec 24, 2010 08:24AM

Wolfster, that's pretty much it. I've stopped buying high flyers altogether and am restricting my buying to tax loss candidates - to be sold in January (hopefully after for a quick pop). Today is the last day for Canadian stocks. Next week I'll be buying US tax loss candidates.

I will be selling as much as possible early in the new year - I want to be heavily in cash ASAP. With the small cap stocks I own, liquidity can dry up fast when things turn down, so I prefer to sell into strength. Although I think we will have another run into May-June, I'm concerned about a quick drop in January.

It has been a great year for me too, and I hope for everyone else on the board.

Best wishes to all here!


Dec 24, 2010 09:43AM

Dec 24, 2010 10:01AM
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