I didn't coin the phrase, but actually picked it up on a SH bull board that describes the next 3 weeks volatility potential almost perfectly. With tax selling, and a need for Christmas purchases, there is potential selling pressure to deal with. In respect of the next 3 weeks into the new Year I have been doing some serious looking into particularly strong story play stocks that have some some real resource fundamentals, selling for decent prices considering, however until I can watch them on level II... I really can't suggest. I will be going over the list and posting them to the Public Watch List without commentary for the moment. I'm sure some will be recognized immediately, and although the list goes into the 5.00 range I will be focusing on the under $1.00 mark of which I have at least one request to chart a stock which already appears in the list. For this round of research I may stray outside Canada and the States, but the issues trade on the Venture and Toronto... so easy access.... they will all be in up trends, so this will be a dip picking exercise that may prove up some decent entries during the Santa Choke Hold pressure, (hopefully)..
I'm going to do a bit of stink bidding with lots of heads up room. If I get lucky going into the New year I hear commodities are going to be hot.
GLTA Lostoutwest
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