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11/11/2009

Seabridge Gold

I shorted Seabridge Gold (SA) this morning for a couple of reasons. One, I find the pattern to be very attractive.......

1111-sa

Two - and this is even more important to me - any stock that has to do with gold that has actually been weak lately must be very, very prone to more weakness. I mean - for the love of God - gold keeps lurching to prices never before seen in the history of man. If you own a company that has anything to do with gold that isn't likewise enjoying these tailwinds, something is wrong.

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