Gold Price Down – Printing a Lower Low

February 4, 2010

What a difference a few days make. Gold couldn’t take out the lower high and wasn’t able to hold above the recent lows. Technically speaking we are in a downtrend as gold printed lower lows. A look at the big picture still makes me believe we are experiencing an orderly correction. Thus, I would still […]

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Video Interview – Victor Sperandeo on Hyperinflation + Michael Martin On Trend Following

February 2, 2010

Excellent videos featuring Victor Sperandeo and Michael Martin. First thing I did was to order the book by Peter Bernholz: ‘Monetary Regimes and Inflation: History, Economic and Political Relationships’ Victor Sperandeo mentions in the video interview. I’ve been following Michael Martin’s website for a few months now and he’s doing a great job. www.martinkronicle.com Most […]

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Gold Price Didn't Make A Lower Low – First Signs Of Technical Strength

February 1, 2010

Gold along with silver bounced today and didn’t print a lower low. As implied by the headline I chose this means we witnessed first signs of technical strength. Not more not less. Technically speaking we are still in a lower high trading environment. Unless gold can take out the lower high it printed in January […]

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Reviewing Charts Of Technically Strong Stocks – MRZ.V, TAO.V, RVS.V, MMR, PL.V, MEX.V, ASYS, ALN, MXI.V, VTR.TO

January 28, 2010

Just finished updating my public list and thought I’d do one of those review posts where I simply write down a few thoughts that come to mind when going through the strong stocks I monitor on my public list and in the background. Scanning for above average volume still generates some interesting stock trading ideas […]

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MRZ.V Mirasol Resources – Displaying Typical Winning Stock Trading Characteristics

January 27, 2010

What a difference a day makes. Today’s price action with MRZ.V – Mirasol Resources made the decision on what to write about tonight a very easy one. Yesterday I outlined different scenarios I see for MRZ.V’s future price development. I didn’t expect the stock to mount such an impressive rally the very next day establishing […]

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MRZ.V Mirasol Resources Needs To Display Technical Strength Soon

January 26, 2010

Decided to write a bit more about my thoughts and what I see looking at the MRZ.V – Mirasol Resources chart. In a previous post I was talking about the new trading range MRZ.V is trying to establish. The stock has subsequently dipped further down into the gap zone than initially expected. Today the stock […]

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Further Reducing My Market Exposure

January 25, 2010

After doing my research during the weekend I would have expected the markets and my two positions MRZ.V – Mirasol Resources and MXI.V – Merrex Gold to bounce today. It really comes down to being in sync with the markets and the stocks you are trading. Your personality needs to match a stock’s personality. In […]

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RM.V Rodinia Minerals – Lithium Mining Stock Displaying Technical Strength

January 24, 2010

Rodinia Minerals – RM.V is back on my public list. Although I think it is not the time to aggressively initiate new positions in this market environment one cannot argue with the charts. Lithium Mining Stocks are holding up rather well and especially RM.V – Rodinia Minerals is displaying great technical strength and decent resilience […]

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US Dollar Rally – Counter Trend Bounce Price Targets + Resistance Levels

January 22, 2010

The markets are showing the first cracks. Technical damage is not huge as of yet and the jury is still out if this is the top of the 2009 bull market run or if buying the dip will be rewarded once again. Still, technical damage has increased and so far it is also dragging down […]

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Gold Making A Lower High – Staying Cautious

January 20, 2010

Gold and Silver displayed quite some weakness today. The big cap mining stocks are not showing immediate buying pressure with the potential to break out to the upside. On the other hand quite a few small cap exploration stocks and junior gold miners look much better. My two portfolio positions MRZ.V – Mirasol Resources and […]

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