Michael Maloney Video – Where Are We In The Gold Cycle?

August 17, 2009

Interesting video on gold from Michael Maloney. Here is his perspective on the long term development of the gold price. According to his analysis we are very early in the cycle and gold should be around 15.000 USD$ today. Talk about some huge price targets for gold… My job is not to predict the future […]

Read the full article →

Bowmore Exploration BOW (TSX – Venture) – Gold Miner In Mexico Attracting Smart Money

August 13, 2009

Bowmore Exploration – BOW.V is my newest portfolio position. As the title of this posting implies the reason I bought is because the chart looks compelling. An additional and equally important reason I bought in is the fact smart money bought this one like crazy. OSK.TO – Osisko Mining took part in the last private […]

Read the full article →

Dickson G. Watts ‘Speculation As A Fine Art’ – A Speculator’s Essential Qualities

August 12, 2009

Reminiscences of a Stock Operator the book about Jesse Livermore written by Edwin Lefèvre constantly references ‘Speculation As A Fine Art’ by Dickson G. Watts. I bought the book years ago and just reread it. It is very short and only 45 pages long. Most of the book consists of quotes contained in the second part […]

Read the full article →

CWSI – China Wind Systems – Chinese Wind Energy 'Picks And Shovels' Play

August 11, 2009

My new portfolio position CWSI – China Wind Systems again is a combination of two interesting investment themes. This time it is: China + Wind Energy. It’s all about renewable and clean energy or ‘Green Energy’. China has announced plans to drastically increase wind farms and the amount of energy derived from wind turbines. The […]

Read the full article →

Steidlmayer On Markets – Profile Of The Successful Trader

August 8, 2009

Peter Steidlmayer is the author of the book: ‘Steidlmayer on Markets – Trading with Market Profile‘. A while back I posted Dennis Gartman’s Trading Rules. Trading rule number 20 refers to Steidlmayer and his book. That’s why I decided to present a few of his ideas and quotes. Chapter 12 contains 4 pages of quotes […]

Read the full article →

Almost Everything Down Across The Board – Portfolio Positions Review

August 6, 2009

Not many stocks in the green today. Today was one of those days every position in my portfolio was down. A good day to review all my portfolio positions. WTM.TO – West Timmins Mining: Looks like a constructive consolidation pattern in the 2.00 – 2.50 range has now started. BXI.V – Bio Extraction: Very constructive […]

Read the full article →

Commerce Resources CCE (TSX Venture) – Tantalum, Niobium And Rare Metals Opportunity

August 5, 2009

Yesterday CCE.V – Commerce Resources made it back on my public list. The recent volume surge and the chart technicals have significantly improved. The chart pattern is indicating pressure is building up again. Interest in stocks with exposure to Exotic Metals is increasing considerably. Lithium, Tantalum, Rare Metals and Rare Earth Elements have been flying […]

Read the full article →

Different Types Of Trends: Uptrends – Downtrends – Sideways

August 4, 2009

Tonight I want to delve into something most people think is obvious but really isn’t that obvious to most market participants. A mistake less experienced traders make is that they are not fully aware of the fact that there are indeed 3 types of trends. They usually don’t grasp the concept of sideways trends to […]

Read the full article →

Ed Seykota Quotes – Trend Following Trading Wisdom

August 3, 2009

Canadian markets were closed today so I decided to read a bit more of Michael Covel’s updated edition of: ‘Trend Following – Learn To Make Millions In Up Or Down Markets.’ Here is the list of Key Points on page 67 from Ed Seykota who is famous for his ‘Market Wizards’ book interview and of […]

Read the full article →

Bio Extraction BXI (TSX Venture) – Bullish Ascending Triangle

July 30, 2009

So much for BXI.V – Bio Extraction going back down to the 1 -1.10$ level. Judging from today’s strength odds are the stock won’t dip down into that price area. The ascending triangle could still morph into another pattern. Either some kind of rising wedge or some kind of flag pattern. Nothing is written in […]

Read the full article →

← Previous Entries

Next Entries →