Current Trade

Friday, March 18, 2011

Japanese Tsunami wave in California...

Watch Japanese Tsunami Wave in California

GLTA Lostoutwest


If you see the hand mousing over screen shots... click on screen shots to enlarge them.

After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page

|| Stockcharts Public List ||

|| Kenuck SmallCap Trader || The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Ticker Trax || Bullion Bulls Canada || Lex corp || Track My Trade || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE

Please read our Complete Disclosure

Market Update and a new watch

The markets have pulled their Friday recovery as they have in the past... considering what determines a trend in the basic way... we are on the lookout for a "NEW" Lower High and a "NEW" Lower Low  ... it is not predictable... only reactable...
It is possible to range and whip into May... it is my personal caution however... to be aware of the Summer Doldrums not getting caught if at all possible...
Technically there is little new to report from what already has transpired... Uranium crashed... However this morning I'm seeing a broad resurgence into the watch list..  and out of my watch list URC.V is the best looking prospect for having the goods... with a recent cash influx.... of course there are others... but for an explorer with pounds in the ground... there really is nothing comparable at this price in a safe jurisdiction... even if they never get to production...  I can see  from .155 back up to low .20s for a start..... this was a great flush and it's a lot easier to get a double from .155 than it is from  2.00  JMOP.

I would like to put a new watch on the tip of your tongue... XME.V
XME.V is not looking particularly strong and I'm so glad for the weakness in gold and silver issues in spite of the gold and silver prices.
XME is at this time hopefully going to slip under .20 cents... in my wildest dreams it should get so low as .10 cents in the next couple of months... is entirely possible... although any resurgence of gold issues in the broad market before that... may cut that target short... by a lot... a more realistic target would bottom in at .15 to .16 cents should the market remain complacent...
It would be fair to say that you familiarize with some DD... and put on your patient hat.... this is a 12 to 18 month hold at the right price.

GLTA Lostoutwest

If you see the hand mousing over screen shots... click on screen shots to enlarge them.

After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page

|| Stockcharts Public List ||
|| Kenuck SmallCap Trader || The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Ticker Trax || Bullion Bulls Canada || Lex corp || Track My Trade || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE

Please read our Complete Disclosure

Thursday, March 17, 2011

Update URC.V

I have been glued to the Uranium watch looking for some kind of mass re-entry... I don't see much but confusion for the most part except for one........  URC.V is showing some strong buying this morning @ .17 cents.... I must be honest... I have a personal grudge against the management... but money talks BS walks... at this price the chance for a bounce is pretty good... I'm back in at .17 cents on my stink bid...  
GLTA Lostoutwest


If you see the hand mousing over screen shots... click on screen shots to enlarge them.

After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page

|| Stockcharts Public List ||

|| Kenuck SmallCap Trader || The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Ticker Trax || Bullion Bulls Canada || Lex corp || Track My Trade || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE

Please read our Complete Disclosure

Tuesday, March 15, 2011

Tsunami Footage

Japan Tsunami Footage

More Japan Tsunami Footage

GLTA Lostoutwest

If you see the hand mousing over screen shots... click on screen shots to enlarge them.

After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page

|| Stockcharts Public List ||

|| Kenuck SmallCap Trader || The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Ticker Trax || Bullion Bulls Canada || Lex corp || Track My Trade || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE

Please read our Complete Disclosure

Broad Market Corrections

A broad market correction has a tendency to take everything with it... would be the first thought... but the reality is... that everything is tanking and that is why it is a broad market correction...

I had been getting more spooked in the last few weeks and previous posts have alluded to taking money off the table... I hope my cautionary stand was well taken and this crash hasn't caught people off guard.... the flip side is that we have a warehouse of solid specs that will have a high probability of settling out and making a comeback in the precious commodities... I have taken the liberty of removing reference to picks in these snippets... using only the excellent summary paragraphs

Here is the opening gambit from HRA

>>>>>>>>>>

The past several weeks have been underscored by the expression “bad-to-worse”. So much so that we aren't convinced the consolidation we are in will run its course for a while. Much of the world is rethinking politics, energy infrastructure, growth strategy, and the nature of reaching out. We have focused this issue on HRA acting out the cash making ethic it has talked about for the past few months by reducing the list of companies we follow. Unfortunately, because of the reactor mishaps in Japan this includes all the uranium explorers we have been following. However, we are doing this to free up cash in anticipation of bargain hunting to come. A number of the updates are focused on that.

The best focus you can have right now is to sort out your own risk tolerance so that you can stay within it. If it doesn't feel right, it probably isn't. There is no reason to marry anything on the HRA list.

David Coffin & Eric Coffin

<<<<<<<<<<<<<<<<<<<<<<<<<<
>>>>>>>>>>>>>>>>>>>>>>>>>>

From Grandich:

I came into today hiding in my chicken coup. As anticipated, Japan has gone from bad to worse and not even the “Don’t Worry, Be Happy” crowd on Wall Street can spin this. The temptation will be to use ample cash reserves to buy select equities. The difficulty in that is we tend to buy too early and what we like gets to a point we never thought they could. My experience suggests because of this one should consider using half of their allotment when the first temptation is triggered and save the other half for a level you don’t think is possible but would consider a real present. If it does get there, great. If not, so be it.

Peter Grandich

<<<<<<<<<<<<<<<<<<<<<<<

GLTA Lostoutwest


If you see the hand mousing over screen shots... click on screen shots to enlarge them.

After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page

|| Stockcharts Public List ||

|| Kenuck SmallCap Trader || The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Ticker Trax || Bullion Bulls Canada || Lex corp || Track My Trade || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE

Please read our Complete Disclosure

Monday, March 14, 2011

Uranium Haircut

Discovery Investing

  GLTA Lostoutwest


If you see the hand mousing over screen shots... click on screen shots to enlarge them.

After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page

|| Stockcharts Public List ||

|| Kenuck SmallCap Trader || The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Ticker Trax || Bullion Bulls Canada || Lex corp || Track My Trade || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE

Please read our Complete Disclosure