Rare Earth Elements Stealth Bull Market

September 1, 2009

The more I watch the tape the more I am starting to think the Rare Earth Elements are the place you want to put your money at work. I am slowly starting to think we are in a true stealth bull market. I am not sure yet but I will let the charts speak and […]

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Avalon Rare Metals AVL (TSX) – Announces Financing

August 31, 2009

Avalon Rare Metals – AVL.TO announced a bought deal. Usually stocks move lower shortly before financing announcements that are bad for shareholders. It was a rather weak day for most stocks and although a financing was about to come AVL.TO – Avalon Rare Metals acted extremely well. That’s a situation where you don’t even need […]

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Marc Faber Video Interview – Lateline Business Australia August 26, 2009

August 28, 2009

Been quite a while since I last posted a video… Here’s Marc Faber’s latest one. Not many out there that are as outspoken as he is. Enjoy 😉 Have a great weekend!

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Bowmore Exploration BOW (TSX Venture) – Successful Test Of Recent All Time High

August 27, 2009

Bowmore Exploration – BOW.V is displaying great technical action here. The pullback so far looks like a successful retest of the recent all time high. The more liquid a stock is the more valid technical analysis really is. Then again when looking for undiscovered gems in the gold mining exploration business you often can’t have […]

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West Timmins Mining WTM (TSX) – Gap Down Probably A 'Hole In The Wall'

August 25, 2009

Today I sold WTM.TO – West Timmins Mining my biggest position and my best performing stock for the year. The market reacted very badly to the news they announced. Actually I sold without even checking the news. As I’ve written quite often in the past: If a chart tells you to get out – get […]

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Successful Traders Are Balanced, Trade With An Edge And Have Good Intuition

August 24, 2009

Tonight I want to highlight 3 websites of traders I have great respect for. They all are calm, balanced, focused and completely dedicated to the markets. Charles Kirk is a great example for a very balanced trader with continued success. The interview he just published on his website is an excellent read. http://www.thekirkreport.com/2009/08/your-trading-edge.html Corey Rosenbloom […]

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Behavioral Finance, Technical And Fundamental Analysis Definitions: Ed Seykota, Jerry Parker, Charles Faulkner

August 23, 2009

More great quotes and snippets taken from Michael Covel’s excellent book: ‘Trend Following – Learn to make millions in up or down markets’. I love the brief and straightforward explanations of these omnipresent terms related to trading. Enjoy! Technical Analysis relies upon the idea that smart money will move into a market and give advance […]

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Light Crude Oil – Possibly A False Breakout

August 22, 2009

Tonight I’ll talk about the weekly Light Crude Oil chart I updated on my public list. I am starting to think we might have witnessed a false breakout to the downside. I will write about the concept of failed patterns in more detail at some later point in time. Failed patterns are probably the most […]

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Ucore Uranium UCU (TSX – Venture) – HREE – Heavy Rare Earth Elements Stock Shaping Up

August 19, 2009

Rare Earth Element and Lithium stocks have displayed impressive moves lately. My exposure to both sectors so far is limited to RES.V – Rare Element Resources and AVL.TO – Avalon Rare Metals. China’s recent announcements of plans to restrict and maybe stop Rare Earth Elements exports in order to secure resources for themselves has led […]

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Why Trading Meaningful Position Sizes Will Make You A Better Trader

August 19, 2009

This is meant to be a follow up to my recent Ed Seykota Quotes post where he states: ‘Risk no more than you can afford to lose and also risk enough so that a win is meaningful.’ In my experience lots of traders have difficulties applying this rule because they probably don’t fully understand the implications. […]

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