Thank You Edition #5 – In Progress Now

by FI Fighter on July 26, 2018

in Thank You Edition Updates

For this next issue, I am mostly going to focus entirely on talking about clean energy metals (lithium and cobalt).

Well, mostly lithium…

It’s pretty UGLY out there right now, and just like summer 2016 and summer 2017, it’s just that time of year when clean energy stocks decide to take a major dump…

As readers may recall from summer 2016.

Summer 2018 certainly hasn’t shaped up to be much better…

 

When it comes down to it, there’s nothing fancy at all with mining stocks and speculation…

 

Buy low and sell high.

 

Everyone knows it, but very few can do it b/c it’s extremely difficult/frustrating/scary to buy when something is going down precipitously… and keeps declining more and more with each passing day.

 

And everyone knows it’s impossible trying to time the market, attempting to pick out bottoms… If you’re wrong, it’s akin to “catching a falling knife.”

 

So…

 

In contrast, people like to chase momentum and FOMO their way into positions… When that happens, they initially feel great b/c the stock is moving in the right direction… UP!

 

But if you hold on for too long and sentiment reverses again, the ride back down can be brutal!

 

Anyway, I’ll be going over some thoughts soon enough.

 

Stay tuned!

 

Cheers,

 

Jay

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