tag:blogger.com,1999:blog-2643613788950912206.post4880511972401873324..comments2023-09-17T02:33:56.785-05:00Comments on The TSI Trader: Incredible Sentiment Data - BULLISH!!!John Townsendhttp://www.blogger.com/profile/13243755287314446656noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-2643613788950912206.post-33726946606480890812010-09-04T04:24:16.350-05:002010-09-04T04:24:16.350-05:00Fung you should have a nice 6-7% profit for sittin...Fung you should have a nice 6-7% profit for sitting still less than a month. That is more than most people realize in a year. Congratulations for being patient and for being rewarded!John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-2752685351525000552010-09-03T11:56:04.048-05:002010-09-03T11:56:04.048-05:00I have sold my lot at an average price of 40.8 tod...I have sold my lot at an average price of 40.8 today. It has been a roller-coaster ride. I originally bought at 38. You can imagine how I felt when TNA sank to 32! Anyway, thanks for sharing your view on TNA.Funghttps://www.blogger.com/profile/02021422171993122484noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-72102125236737576772010-09-02T22:05:07.899-05:002010-09-02T22:05:07.899-05:00I would argue just the opposite. The stock market...I would argue just the opposite. The stock market is more risky. It is in a secular bear and that ultimately means that at some point the bear is going to break up this little tea party (next Spring when the US Dollar bottoms) and devour a nation of unsuspecting folks and their retirement/pension plans. <br /><br />Miners are in a secular bull and to make money you just have to be patient and let the bull do the rest.<br /><br />Also, so what if the spx goes up from current 1090 to 1130 (TNA 47)? That is a very limited gain. <br /><br />What is going to happen when gold closes just $15 higher at All-Time highs and HUI closes just $12 higher to crack above $500 is going to make playing in the stock market looks like a fool's game. There will be no price ceiling above either gold or the miners at that point.....and we could be there any day now. Hot money that has been waiting for "confirmation" will be climbing over itself to get in or get left out. <br /><br />Just my opinion, of course, but I am staying with the bull and to heck with the bear.John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-22570237353278674142010-09-02T21:27:53.784-05:002010-09-02T21:27:53.784-05:00Thanks for sharing with your view.
I personally t...Thanks for sharing with your view.<br /><br />I personally think that the miner stocks are more risky. I could be wrong. :-)<br /><br />$47 - that is a lot of upside from here. I am happy to sell at $41. Maybe I will sell the lot at $41 and then look for a pullback to get back in?Funghttps://www.blogger.com/profile/02021422171993122484noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-63558360564622482282010-09-02T21:08:36.221-05:002010-09-02T21:08:36.221-05:00I plan to sell my TNA now that my last position is...I plan to sell my TNA now that my last position is green and I can sell with a gain. I think TNA will go to $47 at a minimum. But I also think the faster money will be made in the miners, so I will sell TNA real soon and switch that money to some miners. <br /><br />Thanks for your question and post Fung.John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-23662469238145942492010-09-02T20:41:43.818-05:002010-09-02T20:41:43.818-05:00I am still holding some TNA. Should I sell them at...I am still holding some TNA. Should I sell them at @41?Funghttps://www.blogger.com/profile/02021422171993122484noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-44900469949990739332010-09-02T19:52:55.364-05:002010-09-02T19:52:55.364-05:00Ha ha. We are just getting started!Ha ha. We are just getting started!John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-73785360865579403752010-09-02T18:23:39.227-05:002010-09-02T18:23:39.227-05:00sounds like we may get be getting close to being o...sounds like we may get be getting close to being overbought - no?Anonymousnoreply@blogger.com