Current Trade

Wednesday, September 7, 2011

Bottoming out

I had been expecting the middle of August would produce some insight via charting to speculate on some potential upswings into the shock and awe period of Sept. to December...

 It wasn't so.... hence the lateness in finding a reason to post.... and, here we are, into the first week of September.

Laying out some general feeling for the coming period gives a mind set....

October can be pretty spiky... and the final days to the end of December just before Christmas... the last trading day before the sprint between Dec 25th and New Years Day (Santa Rally) is likely the final day for tax selling strategy (bottom Picks) to be exercised...  moving into the January effect... the first 2 to 3 weeks of January... traditionally a period of about a 5% gain that holds for Medium to Large Cap stocks.

The above description has been morphing due to the maturing of On Line trading but, still holds some value in considering as a general guideline for the flow of things.

Having said that and, wanting to stay away from dry tedious prose for speculation where there is long paragraphs of justification (pump) for a pick... which we all know means squat in the big picture...  I have comprised the following list from the  Public Chart List... ... this is a browse and, not a selection that comprises anything but a precursory glance! These choices are made on the premise that at this particular time, they are between financing and forces of selling and buying are about equal and, the potential for an up move on some good pipeline is as good as it gets...

The basis for the choices are simple... the charts of the picks show positive diversion to the downward price move historically through this past period of summer doldrums... and have not participated in the most recent pop and shock... In fact they have been pretty devoid of any type of whip... holding a steady line of support for a few weeks or more... Hopefully there are some dips to catch that are low risk....

I have starred certain picks only because the choices marked have had historical NR's that suggest long term potential, and would suggest that if they survive some serious due diligence... there is the possibility of buying a dip for best averaging.

The trick is getting onto the ones that are free from heavy manipulation and, financing overhead, that are cashed up enough to move into the early spring before financing again. They should have a low float under 100 million (although not written in stone)... and, they should be project generators or downtrodden potential producers and/or actually producing... gold, Silver, Copper

With luck... any purchases will have escalating volume indicating that some type of swarming is taking place... In reality... there are few enough surviving investors to move the whole works and, it will take a broad market swing to produce anything close to moving a large percentage at the same time...   assuming the fundamentals hold up to scrutiny... the following comments and stars apply.

AHR.V
AMH.V                       (needs to be scrutinized, has a good looking diversion)
ARQ.V.............. *       (nice one to be able to bottom pick)
CHU.V
CMK.TO........... *
CXX.TO
DML.TO                     (nice one to be able to bottom pick)
EVG.TO
GOZ.TO............ *
MDL.V                        (nice one to be able to bottom pick)
PUM.V.............. *
SPA.V
STM.TO............ **      (for uranium this one is looking pretty stable)
TKO.TO                      (nice one to be able to bottom pick)
TMM.TO........... ***     (this one looks to be gold pick of choice)
XME.V..............          (could be some 100% gains off .10 cents over time)


Talk is cheap right now.

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