Wednesday, June 3, 2009

Sometimes ya just don't wanna look...

I know that many people are on the outside looking in with the gold stocks, and it is painful. While I have been enjoying some very nice rises in gold stocks (mostly quality exploration ones), I have a zinger staring me right in the face as a reminder of how stupid I actually am. SYMX shook me out as I got rid of it and FTEK in preparation for a lock down period of holding only cash (67%) and gold stocks (33%) in the speculation portfolio. Now look at SYMX. Ouch!

But doods (and that means you too, ladies), this just comes with the territory. We are not the geniuses we sometimes think we are, and we are not the utter dopes we sometimes feel like either. We are human beings (well, most of us) just trying to weigh probabilities on a daily basis and outperform at the end of the day, or more importantly, year.

So yeh, here is SYMX, testament to my stupidity. For this week anyway.