Still Patiently Waiting For Good Entries

July 18, 2011

Two weeks ago the market looked like it would provide excellent entries soon. The last few days simply don’t look good. Something doesn’t feel right. When I say ‘something doesn’t feel right’ it usually means the following: Too much selling pressure. XLF – The bank ETF is looking worse by the day. Thin leadership. The […]

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S&P 500 Sideways Trading Range Continues – New Watch List Additions: CBOU, IPSU, SIFY, WPRT

July 11, 2011

Quick post to let you all know regular website updates will be back next week. Some may have noticed I started cleaning up my public list during the weekend. Today I added the following stocks as I like the underlying sector strength pushing them up: CBOU – Caribou Coffee: Coffee stocks are on fire. CBOU […]

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Huge Selling Pressure – Will Be Back In July

June 6, 2011

This is my last post for June as I am going to be away and also because I have made it a habit to switch off my computers for 3-4 weeks at least once a year. It’s going to be tough without the Internet but I absolutely need to press the reset button every now and then. […]

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Choppy Mess And Ugly Reversal Candles – S&P 500 Sideways Trading Range Ahead

June 1, 2011

What a choppy mess… Judging from yesterday’s action the markets looked like they wanted to move higher and maybe even be on their way to take out the April high. Instead we printed an ugly reversal candle, giving back all of yesterday’s gain and then some. Technically speaking lots of stocks display bearish engulfing candlestick […]

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Egon Von Greyerz And James Turk Video – Discussing Gold Price Targets

May 30, 2011

Interesting new video interview with James Turk and Egon von Greyerz discussing gold as a means of preserving wealth, their respective gold price targets, their views on currencies, especially Switzerland and the Swiss Franc’s role as a safe haven currency. A few of the topics they touch upon: Gold and its international money status Inflation / […]

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XLF Financials ETF – Chart At Technical Inflection Point

May 25, 2011

Looking at the sector overview charts on my public list I still cannot come up with any decisive conclusion. The market is starting to display more weakness and lots of stocks and sectors are threatening to roll over. We could still turn to the upside from here though as it doesn’t look like a good […]

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Missing The Excitement?

May 24, 2011

Markets are still more or less boring right now. Missing the excitement? Here’s my favourite ‘excitement’ video. So exciting. Enjoy 😉 There hasn’t been this much excitement since the Romans fed the Christians to the Lions. – Sid Waddell My public list with all my charts can be viewed here: http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2791469 Rule Britannia!

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Victor Sperandeo Video Interview – Precious Metals Gold Silver

May 23, 2011

A while back I posted a video interview with ‘Trader Vic’, Victor Sperandeo and his take on hyperinflation. In today’s video, done by James Turk, Victor Sperandeo talks about the world economy and precious metals in particular. Here are a few other subjects covered in the interview: Devaluation of the US Dollar continues –> Goal […]

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Silver Correction – ABC Pattern Downmove Price Target

May 18, 2011

The bullish sentiment after the Silver volume climax top is still very high. In my book way too many traders are trying to anticipate a bottom and are eager to buy into this downward move. Eventually there will be one lucky guy who doesn’t get his fingers cut off trying to catch a falling knife. […]

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Rick Rule Video – The Value Of Holding Cash

May 13, 2011

You’ve heard it before: ‘Cash is king’. In this video Rick Rule lays out why and when it is a great idea to hold US Dollars and be in cash. He talks about precious metals, Canadian junior mining stocks, courage and gives an outlook on what to expect over the next few months. As usual, […]

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