Current Trade

Thursday, January 13, 2011

The TSX and Venture

My own charts in the Stockcharts Public List show the Venture (TSX has had it's day as well) has been a not seen for while ... one way rocket ride... Indicators suggest that the momentum is getting cautious and IMOP if it were not for the traditional perception of the next 4 months typically being the best of the next 12 ... we would be correcting sooner than not... For those not familiar with go away in May... I personally believe we have the oomph to make it to the end of April, but that is where I get cloudy... I think it may be possible to be real exuberant to that point and as such  after ...it will surprise to the downside .................. and I will be  looking to put on a couple of shorts if the broad market (if not)...... then the broad sector........ does it's typical thing about the end of April.

This link takes you to a prediction that mirrors my own instinctive expectation....

9-Market-Predictions-for-2011

GLTA Lostoutwest


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