I didn't say estimate where the bottom is. I said wait for an idicator that the trend has reversed. U don't need to catch the very bottom. Trend reversal indicator.

And yes its down 2000 points but why were u holding it the entire time? Why didn't u sell off earlier and buy back now (or later). Or why didn't u short it this whole time?

Downtrend doesn't have to be big to be worth while. Trend is a trend. Up or down its all the same. You only need to catch a bit of the trend.

I duno anyone that's so good that they always buy at the bottom and sell at the top.

Like I said I trade futures. I can't "hold" positions while I wait for them to reverse. I'd lose the shirt off my back from margin calls everyday
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I think it's simply a difference in what you guys play and the inherent perspective/strategy, you play futures right? IIRC you only need a tick or two a day and you're making decent income, so that is a different inherent perspective than from someone who's investing :s

There are plenty of long term futures investors as well. K yeah well everyone has different strategies and tactics. As long as you make money, you're winning so I can't argue agaisnt that lol.
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Back in green today :)
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Woah, from -24000 to green? damn you must be in some volatile/high beta stocks

i think he holds some cuu and today was a good day. It went up 20.77% and pretty much the same as where it was on friday, so the debt crisis is stabilized for now at least. i'm still feeling a NR tomorrow or thursday.

we might have problem if this is the bc hydro project that goes up north to where CUU is.
Lax Kw’alaams first nation demands BC Hydro project stop until compensation deal is reached - The Globe and Mail

that's probably the one...NTL

**didn't open the link though lol

lol yeah and option price movement is pretty huge so losses get big fast
tomorrow is an important day see if we can sustain this rally

got so lucky on ANX, got out @ the 20% bounce and it got a CRL after hours !

So much for sustained rally. I am glad I have limited exposure to the US market in my mutual funds.

CUU just spiked to 1.71...

blkgsr- see? your 1.57 wasn't that bad of a buy. haha

^ just saw that, any reason for the spike? shorts? news soon :fullofwin:

Not 100% sure but seems to be a parallel move with the TSX

i could be totally wrong on this and we crash back to march 09 low, but the bears are the ones who is getting greedy right now imo

ha ya i saw that on my phone then immediatly down to 1.61

gold just flew over 1800

Damn, gold margins hiked up by 22% too

My dad has 10oz bought @800/oz... I can't convince him to sell it hahaha

where do you guys buy/sell physical gold?

VBCE, J&M on broadway
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Is it way too late to buy gold?

yes

wow nice markets are up and cuu@ 1.75.

its seen an awfully large run up of late, no question about it - but i'm not selling yet

does that mean i'd buy more? well, i'm not right now

i recommend buying ETF's in gold - the miners are too risky, they can mess up, whereas an ETF just tracks the shiny stuff (personally i'm in UGL, a leveraged ETF, up >40% in the last couple of months on a >20% run up in gold)

http://www.stockhouse.com/Bullboards...0&s=CUU&t=LIST

$2.23???

i sure as fuck hope not....

^ its talking about "fair value" back in 2007.

@blkgsr , don't get scared @ what SH people assume. Cuu's fundamentals are still there

edit: especially of how the thread is talking about the technical of the price point, with NR to come the SP will definitely spike up or down with results (hopefully up)

edit2: does anyone here hold ONR.TO?