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6 pts

Opinion on  Tanzanian Royalty Exploration Corp (TRE)     Sector: Basic Materials  >  Industry: Gold & Silver
volatility is high

Feb 05, 2007 12:38 PM GMT
Me
Return Risk
+1.32% HIGH
Sr. Associate

do you have weak hands? the volatility for gold is crazy at this stage. when in a bull market and also very firm on your fundamental stance on a company, things are slightly different. stick to your technicals, but instead of offloading EVERYTHING, maybe sell a portion. buy into weakness & sell into strength. this is quoted strategy is quoted from the gold expert jim sinclair. as mentioned by himself again, "the cash market for gold has recently showed itself superior to the paper gold market. i am sure we are going to see a battle here." will you have the weaker hands? i hope not!



Happy Trading,

-zrvs


TRE:  This call was made on 02/05/07 @ $5.09
Rating:   Negative   $5.09 (02/05/07)
Closed:   02/05/2007 @ $5.09 (+0.00% in 1 minute)
Target:   $8.50 (+66.99%) in Three months


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