… No?
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What’s the matter? You don’t like gut-scissoring roller-coaster rides with your daily portfolio analysis?
C’mon, Mr. Pushups, suck it up. Take one for the team, bear down. Raise greasy lettuce for samitches.
Did you sell anything today? I did, but not a whole lot. My biggest move today was gettting rid of about half of my AGQ earlier today at prices north of $261. It’s a deleveraging play, much like getting rid of my call options the other day. I also sold 40% of my PAAS at prices well north of $41.60
I didn’t sell any more EXK (I’d already dropped 10k shares last week), even though it did the “Egregious St. Vitas Dance” today. It’s interesting to note my warning post of last week here. Recall this?
Remember that green line I drew up there when I was cautioning you to let a little go last week? Well, here’s that same chart today…
Uncanny, no?
Will it hold? I’m not sure, and we must remember these momentum burners tend to have the harshest pullbacks. That said, I still like EXK on a further pullback, as well as SLW if you are lucky. On the young gold side, AAU, NGD and yes, EGO are already starting to look tasty. ANV is not far behind, and keep in mind also “dark horse” and relatively recently introduced XG. If it continues to move like this I will do a feature on it soon.
Keep in mind these things can get oversold in two days… it’s just that volatile. So be ready with your trenchers full of soapy cabbage for opportunities that will be knocking sooner than you might believe.
Best to you all.
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