Re: Given The Neighborhood, Tyhee's Done Quite Well...
in response to
by
posted on
Mar 21, 2008 11:03AM
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. . . . . . Given The Neighborhood, Tyhee's Done Quite Well...
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Yes, even if we see Gold pull back a little further I won't be surprised to see Tyhee hold up well. I've got the impression that almost all the shareholders must feel there is good potential with Tyhee and will hold on.
As for Gold bullion itself pulling back, and the producers, the rally was getting kind of stretched technically. So, this was just another one of those times when investors decided to take profits, other investors and hedge funds sold-off to meet margin calls, others were taking profits to cover their losses they experienced playing in other sectors. It was one of those scenes I've noticed before, i.e., once the selling starts, almost everybody follows suit. A lot like, if the monkey sees, the monkey will do.
There's no harm taking profits when Gold bullion peaks, especially when you know darn well that Gold bullion and the producers will go up again. I can't say the same if you are holding onto a company like Tyhee because if good news comes you might miss the boat, even if Gold falls a little further. I hope we see news soon, and if not, I'd wait until we do.
. . . it's like the old saying: It ain't over til it's all over . . . and I think it's far from being over.
BTW, in case I don't get a chance to say it later . . . "Everybody have a Good Easter Weekend!"