The gold stocks remain in good shape. I am only expecting GDX
and GDXJ to trade a bit lower in order to fill open gaps. GDXJ has
an open gap just below 35 while GDX has an open gap just below 60.
As far as Gold, momentum remains very strong and corrections will
be short-lived and if the market consolidates it will form a very
bullish pattern. Gold and Silver need some consolidation as there
is a bit of spec money in these markets. As the stock market
rebounds look for the mining stocks to catch a big bid. GDX is very
close to that major breakout. Any corrections will be short in
terms of time. Stay bullish!
Biscuit, He needs to make a decision between hope and
cynicsim leading to despair. We are in this life together,
like it or not. We did not choose the world into which we
were born. What will we do about it? That is a question
he must answer, as every person must. To decide for hope one
must act. Perhaps he could be persuaded that while yoga is
not a panacea, it is definitely a move along the path of
hope. I'd be willing to try to persuade him.
Posted by billnew52 on 10th of Aug 2011 at 04:40 pm
B"iscuit, I have worked the past 2 summer in an inner city
youth program. The first year was a joke. The second
year was run by people who knew what the real problem going on
inside of the kids was. They incorporated yoga as help to get
at this. If you can calm the "inner man/woman" the outer
person does a lot better regardless of the circumstances.
Thanks for your contribution!!
Posted by billnew52 on 28th of Dec 2010 at 02:14 pm
mark11,
I know you asked rank10 but I thought I'd give you my
thoughts. I have received 15 3mails on CPOW since Dec.
21. The emails are sent by companies that are paid to promote
the stock, it is clearly stated, albeit in small print at the
bottom of the page.
Often this is a "pump and dump" scenario. The ones who
benefit are the ones early in on the "pump". The ones who get
crushed are those holding on the "dump." This may not be the
case here, but it sure looks familiar. In any event, Buyer
Beware!
The community is delayed by three days for non registered users.
jGDX, GDJX and gold stocks
Sold half of my GDX , plan on following signal ...
Posted by billnew52 on 25th of Aug 2011 at 12:02 pm
The gold stocks remain in good shape. I am only expecting GDX and GDXJ to trade a bit lower in order to fill open gaps. GDXJ has an open gap just below 35 while GDX has an open gap just below 60. As far as Gold, momentum remains very strong and corrections will be short-lived and if the market consolidates it will form a very bullish pattern. Gold and Silver need some consolidation as there is a bit of spec money in these markets. As the stock market rebounds look for the mining stocks to catch a big bid. GDX is very close to that major breakout. Any corrections will be short in terms of time. Stay bullish!
Best hope for Bulls
Posted by billnew52 on 18th of Aug 2011 at 11:05 am
If we could only get confirmation that there will be NO speech from the President on today's decline, things would surely reverse to the positive!
MCP earnings
Posted by billnew52 on 11th of Aug 2011 at 03:34 pm
Thoughts on holding MCP through earnings? THX
How to solicit help
Misc comments
Posted by billnew52 on 10th of Aug 2011 at 09:10 pm
Biscuit, He needs to make a decision between hope and cynicsim leading to despair. We are in this life together, like it or not. We did not choose the world into which we were born. What will we do about it? That is a question he must answer, as every person must. To decide for hope one must act. Perhaps he could be persuaded that while yoga is not a panacea, it is definitely a move along the path of hope. I'd be willing to try to persuade him.
yoga
Misc comments
Posted by billnew52 on 10th of Aug 2011 at 04:40 pm
B"iscuit, I have worked the past 2 summer in an inner city youth program. The first year was a joke. The second year was run by people who knew what the real problem going on inside of the kids was. They incorporated yoga as help to get at this. If you can calm the "inner man/woman" the outer person does a lot better regardless of the circumstances. Thanks for your contribution!!
200 MA on GDX
GDX Swing System Alert
Posted by billnew52 on 28th of Jul 2011 at 02:53 pm
Matt,
I show the GDX right on the 200 day Simple MA. Do you have an exact amount above which the system will NOT short?
Thank
Inverse H&S target
Gold Stocks comments
Posted by billnew52 on 25th of Jul 2011 at 09:05 am
Matt,
What would the target on an inverse H&S such as MGH be? Is there a rule of thumb on an inverse H&S pattern?
Silver recovering
HI HO SILVER!
Posted by billnew52 on 6th of May 2011 at 10:19 am
The other day Matt said if it recovered close to its recent high he would short the daylights out of it. Go parabolic!!!
DUNR
Posted by billnew52 on 2nd of May 2011 at 11:40 am
DUNR is trading at 5 x daily volume. One to watch for a run.
Pump and Dump
LTUM
Posted by billnew52 on 29th of Apr 2011 at 03:28 pm
Lithium pump and dump stocks. If you trade it, just know what you are getting into.
http://investorsoup.com/2010/08/are-all-lithium-mining-plays-scams-we-look-at-lieg-amel-ltum-amlm-and-bhwx/
MGH
MGH broke out
Posted by billnew52 on 15th of Apr 2011 at 02:55 pm
Good call, Oldtrader! I learned something from you today. Thanks
SPY system
SPY system and short webinar
Posted by billnew52 on 6th of Apr 2011 at 12:37 pm
Matt,
Count me in. Will look for the post.
Caveat Emptor
MFTH
Posted by billnew52 on 4th of Apr 2011 at 10:49 am
http://www.hotstocked.com/article/4389/will-medisafe-1-tech-corp-otc-mfth-hold-the.html
SCON
SCON nice!
Posted by billnew52 on 3rd of Mar 2011 at 11:05 am
Bought a bunch 3 days ago. Thanks!
TLT
TLT testing the downtrend line
Posted by billnew52 on 17th of Feb 2011 at 10:50 am
Matt,
Is there a 2x or 3x long bond fund (the counterpart to TBT 2x short) ETF that you would recommend? thank
TDC Testdrive
TDC.v
Posted by billnew52 on 4th of Feb 2011 at 03:51 pm
Thanks for the lead Ill give it a test drive.
LNG
LNG Update
Posted by billnew52 on 7th of Jan 2011 at 03:48 pm
I need Bobby Gingle to write a reco letter for all my stocks!!!!
OSU
OSU.to
Posted by billnew52 on 30th of Dec 2010 at 11:26 am
Rank10,
Does that stand for Ohio State University? Go Buckeyes!!!!!
CPOW
rank10
Posted by billnew52 on 28th of Dec 2010 at 02:14 pm
mark11,
I know you asked rank10 but I thought I'd give you my thoughts. I have received 15 3mails on CPOW since Dec. 21. The emails are sent by companies that are paid to promote the stock, it is clearly stated, albeit in small print at the bottom of the page.
Often this is a "pump and dump" scenario. The ones who benefit are the ones early in on the "pump". The ones who get crushed are those holding on the "dump." This may not be the case here, but it sure looks familiar. In any event, Buyer Beware!
BRR.V
Is BTR.V even trading? I show last trade on 12/24
Posted by billnew52 on 28th of Dec 2010 at 11:28 am
I read yesterday that the Canadian exchanges were closed the 27th and 28th.