Hi Sean, good time to buy more Vale?
No. It's far away from its 200-week moving average. But also consider that I wont' be giving official recommendations on those like I will LI positions. So you'll always be the most informed about LI positions than any former positions, since you hear about the LI positions often and get detailed instructions on them. Spare cash should be saved for when/if there are averaging down opportunities on current LI positions and for future LI positions and for when the market gets slammed even harder in the coming months and few people have the cash to take advantage of it. Don't be quick to use your cash.
Gotcha, thanks Sean
If a stock is in a Wave 3, going strong, and then the bear market hits, but it is an emerging market, such as our pick, RSX,…
Sean is ABX still fundamentally sound. Wasn't sure we would see this kind of drop.