Current Trade

Wednesday, January 26, 2011

On the edge

Both the TSX and Venture are sitting on the edge... it is nail biting... one spook, and the whole works could go flush... still there is lots of volume..

It appears there is enough bulls to sop up the consolidation... it is the time of year that traditionally has been the best 4 out of the next 12... Both the Canadian exchanges are in nose bleed territory... however they could hold for a few months more... churning and spinning to the End of May or sooner... the petrol dollar is still alive so the US dollar still has some life...  I'm starting to see some bounce to gold and silver... this leads to the next few posts in succession.
GLTA Lostoutwest


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