I am not smart enough to know where the market will go ...how...

I am not smart enough to know where the market will go ...how high or how low.
When panic sets in...people ignore those channels and trend lines.
They will only think about preserving capital which is the most important thing.
Return of money should be more important than return on money.


I doubted DRM will see 30c when it was trading at .385c.
It only looked a matter of time to break above 40c and beyond.
Yet it came down hard from 38-30 c in 5 trading days.
Had I knew, I would have sold all at 38c.
I hold fairly large position wherever I get involved and a few cents move is devastating.
Having said that it is rewarding on the upside.

It might still break 40c sometime but not now when gold is hovering and breaking down every day.

I'll get back once again when I see gold doing some good things.
At the moment it is not.
It is a bad boy now.
Scary.
Nothing worse than seeing profits disappear.