Timing is everything - When to buy?

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#1 Mon, Jul 27, 2020 - 5:50pm
timmeh
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Timing is everything - When to buy?

Hi everyone,

Very new to all of this and would welcome any thoughts on timing to add to my mining stock positions.

I have been waiting for the last few weeks for some sort of decent pullback to buy and just watching them get further and further away.

For the moment I am resisting the urge to chase the green but it is getting harder to resist :)

Anyway, my question is...Is a decent pullback likely to occur anytime in the coming days/weeks? If so, what sort of % would be be considered good i.e. 5% or 15% etc.

Thanks in advance

Mon, Jul 27, 2020 - 10:58pm
lahaiesainte
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Eventually a pull back will

Eventually a pull back will come. My expectation is a 5 or 10% max in the juniors. If the market go lower soon due to the NASDAQ or other event there may be a pull back, maybe 20 or 25% similar to what we experienced in March. But this may happen to a much higher levels. I would say get in with some but keep some powder dry too. Split the risk.

Tue, Jul 28, 2020 - 5:35am lahaiesainte
timmeh
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Thanks for the info - I think

Thanks for the info - I think I will add again at anything close to 5% pullback

Tue, Jul 28, 2020 - 3:57pm
Stretch67
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hmm...

I guess I'm in the camp that think's that the longer you wait for a pullback, the more likely it is the train will leave without you. When you consider the big picture, what difference does 5-10% even make when we're looking for gains in the 500-1000% range?!

timmeh wrote:

Hi everyone,

Very new to all of this and would welcome any thoughts on timing to add to my mining stock positions.

I have been waiting for the last few weeks for some sort of decent pullback to buy and just watching them get further and further away.

For the moment I am resisting the urge to chase the green but it is getting harder to resist :)

Anyway, my question is...Is a decent pullback likely to occur anytime in the coming days/weeks? If so, what sort of % would be be considered good i.e. 5% or 15% etc.

Thanks in advance

Tue, Jul 28, 2020 - 6:05pm Stretch67
timmeh
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Well that's certainly true

Well that's certainly true and the thought had crossed my mind several times :) Cheers

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