Wednesday, April 20, 2011

Perfect Setup In Quality Gold Shares

Gold shares are unloved, maybe even hated. This is a perfect setup those that act based on discpline rather than emotion.

Take for example, Goldcorp (GG). GG's trend energy and price reflects what is taking placing across many quality names within this sector. REV(E) or trend energy established new highs in the summer of 2010. Many investors, motivated by fear and/or disgust, sold or reduced their position into weakness in early 2011 despite this subtle sign of strength.

This is why discipline is so important. Discipline allows investors to recognize strength and weakness despite fear and greed, respectively.

Goldcorp (GG)

1 comments:

Unknown said...

Hi,Incorporating a Qatar entity is an excellent way to create a tax-efficient corporate vehicle through which international Business setup in Qatar can be conducted. Thanks...

Post a Comment