Originally Posted by
Nita
Bear. Its worth noting that NZO is up 16% for the year. Some might say its boring but if I can generate those numbers consistantly year after year then I am happy to be bored.
Trying to fathom why the market swings the way it does is like trying to understand why a woman has pms. I have given up a long time ago trying to be clever, playing the TA game etc. So for me to pick short term trends correctly is only about 50% of the time. So for me why bother. Another reason is if you take the last 3 years (which most of the doom sayers do) then the only ones who have lost money are the traders.
What will the market do in the next 6 months? since i am more of a fundamentalist i know the down side is small but the upside is significant. Kuoe is very exciting to me. A lot of money is being invested and a worse case scenario is that they will still make money out of it. Best case scenario with exploration potential etc? Then sky is the limit.
Watch this space