Sunday, October 12, 2008

cheap tricks

I'm considering looking to buy some majors during the next week, depending on what the markets start to look like on Monday. Common sense is telling me "Don't do it, stupid!" but it's getting hard to ignore some of them. Who would of thought Yamana and FNX would be around 5 bucks ever again? Nickel is in for a rough ride so I won't touch FNX but Yamana and other gold producers are starting to look pretty sexy. The biggest thing to remember (and that I have to remind myself of) is that bottom might still be far away and getting caught in a stock that goes sideways for months is an easy possibility. Do your own dilligence and don't rush into anything.

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