Holidays and Weekend

While there have been some monetary releases from Germany and China that have expressed dissatisfaction with the American dollar... and the American elections of late... I think in the real short term the swirling we saw yesterday continuing into this morning was more likely due to the Thursday holiday throwing a wrench into the flow. Nothing has changed in the big picture except fuel added to the fire for bullish argument on gold and silver and certain commodities.

Grandich called it a bear raid at the close; he wasn't speaking about the Canadian markets, but I think the wave spread a bit. I know I saw the same thing here.

http://www.grandich.com/2010/11/bear-raid-145pm-est/

 Kitco... http://www.caseyresearch.com/gsd/

GLTA Lostoutwest

Kenuck SmallCap Trader

Stockhouse

Ticker Trax

Lex corp

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Beautifull to watch EVG.TO

Back fill in motion...

GLTA Lostoutwest

Kenuck SmallCap Trader

Stockhouse

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Buy - URC.V .28 to .31 cents

URC is breaking out it appears with some solid buying from the sides assaulting the ask.

Looking at the chart in the StockCharts Public Chart List the chart is showing potential to make a new high on a continuation in the Uranium sector. I picked up 20,000 shares in the range listed above.



GLTA Lostoutwest

Kenuck SmallCap Trader

Stockhouse

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Grandich

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BUY - TME.V .35 to 41 cents

With the preceeding post in mind... check out the NR's on TME.V .

I took a small position at .395... Level II looks clear to the upside... the teardrop in action... is usually a good sign, not withstanding any outright manipulation... which is not apparent as of this post.

Not overloaded in shares... buying from the sides on  back fill.

StockCharts Public Chart List

GLTA Lostoutwest

Kenuck SmallCap Trader

Stockhouse

Track My Trade - this is a link to an off site I follow, and have no affiliation with.

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Grandich

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Financings

One of the most motovating factors in price share movement is financing.

Financing in a down  market, moves the share price to the financing..

Financing is a given when you're taking positions in a small cap, as it is likely the only way they can move forward.

It usually takes a period of time to see the effects, that is unless the market is really hot, then financing can pop the price radically.

Financing in a ranging market usually is ho hum.

Financing in a rising market is usually a good sign... and often if the financing is at a premium to a stock price, then the delayed reaction is a creeping move to the higher price.

One of the things on my mind as a gorilla trader is the financing, such that it is the first thing I research on solid speculations. Post financing is the time to chart speculations.

Financing tells us two things... 1) they have new money (like in the bank) and;

2) there is now an overhead of paper likely in the form of warrants, which are good in that it generates new cash, and bad, that it can test our resolve.

GLTA Lostoutwest

Kenuck SmallCap Trader

Stockhouse

Track My Trade - this is a link to an off site I follow, and have no affiliation with.

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Grandich

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Did you check the

Public Chart List TSX and venture studies.... it leaves little to doubt about the heavy distribution on Wednesdays... quite a nice surge this morning.... A sigh of relief. The TSX and Venture continue to push through heavy distribution. I'm wrestling in my mind as to how the tax selling season is going to play out, what with the Santa Rally and January effect closing in us... HMMMM... somewhere in this is the triple witching.... Third Friday of every third month

What Does Triple Witching Mean?
An event that occurs when the contracts for stock index futures, stock index options and stock options all expire on the same day. Triple witching days happen four times a year on the third Friday of March, June, September and December.

This phenomenon is sometimes referred to as "freaky Friday".

Investopedia explains Triple Witching:

The final trading hour for that Friday is the hour known as triple witching. The markets are quite volatile in this final hour, as traders quickly offset their option/futures orders before the closing bell. If you are a long-term investor, triple witching will have a minimal impact on you.

GLTA Lostoutwest

Kenuck SmallCap Trader

Stockhouse

Track My Trade - this is a link to an off site I follow, and have no affiliation with.

National Post

Grandich

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GOZ.TO

The recent NR releases are definitely solid such that so, after reading through some of the achievements, you're going to be asking yourself, "What am I missing"? But Remember... as the main website attempts overture the concept... We are gorilla trading based on Market Motivators driven by sentiment.

The price does not reflect  an accurate comparison to any peers (undervalued)... the chart is extremely bullish having creeped through the Go Away in May Cycle, uncharacteristically devoid of  volatility. I suspect this issue will slowly move through what appears to be a solid section of what I would consider a traders block of amatures topping the issue. I find I stand alone when it comes to spotting continuations, and I don't mean to be presumptuous, I put a small 2k bid in this morning at .80 cents just under the heavy ask, and was filled reasonably quick... it may be possible to get some as low as .76 cents over the next few days. I think this as I have been watching the opens teardrop effect, I think I have stumbled on to an issue that is not being chased with abandon. If you analyze level II, somewhere above .90 cents the sky really thins out and, if the topping traders get washed out as this range is slowly accumulated with strong hands... this could spike.

By the end of today I will be posting an update to the StockCharts Public Chart List



GLTA Lostoutwest

Kenuck SmallCap Trader

Stockhouse

Track My Trade - this is a link to an off site I follow, and have no affiliation with.

National Post

Grandich

StockCharts Public Chart List

CBCnews

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