Investors....come in please!

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Originally Posted By: JHZR2
GEL was listed as "strong" buy at 21, IIRC.


It was in an article in PF as well. I'm watching ARUN, CTL, ZARFF run up and may take profits soon as well. I'm telling you, I might lose some upside potential but I'm as nervous as a roach in a cooking school.....
 
but I'm as nervous as a roach in a cooking school.....
LOL

Previously posted Aug 31 2010:
Originally Posted By: TheLoneRanger
My indicators show a short term bottom right here,
with an upturn lasting for several weeks and several
hundred Dow points.....


Ka-Ching for the third week in a row for me.
I still think we've got a way to go in this rally,
nowhere near overbought yet....
 
I've been out of the stockmarket since July. The choppiness is a really [censored] on momentum trading. Lost a lot of my gains from feb to may. I did make a killing shorting long bonds the last couple weeks.
 
Originally Posted By: Drew99GT
Anyone considering shorting gold?


I wouldn't be shorting anything that's making new highs.
 
Originally Posted By: Warstud
Originally Posted By: Drew99GT
Anyone considering shorting gold?


I wouldn't be shorting anything that's making new highs.


I agree. You have to have serious brass ones to try to get in front of a moving freight train. That said, if you are going to do it, now is the time. Oversold both weekly and daily.
 
Gold may take a breather.....not expecting it to dive. Oddly some of the better gold miners have not moved up much lately, probably a mildly bearish sign for Au.

I sold out of PM. Also so 1/2 my shares of ARUN, VIT, VTR and WRE.
 
Originally Posted By: TheLoneRanger
Originally Posted By: TheLoneRanger
My indicators show a short term bottom right here,
with an upturn lasting for several weeks and several
hundred Dow points.....

This was indeed a good week; it's time for a relief rally
but the technicals also look good. On the stocks I plot, the
MACD is turning upward if not already crossing. I stand on my
previous posting and believe this rally will continue....

Anyone here use candlesticks?


The MACD now shows signs of topping, as do several other
indicators I follow. Might be time to take some short-term
profits, although I don't see a huge drop from these levels.
Probably more of a sideways movement until indicators show a
buy level again.....
 
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Originally Posted By: Pablo
Originally Posted By: JHZR2
Wonder if MON is well-priced at this point.


Might be - earnings down?? I'll need to study it a bit. Did PF send an e-alert?


LOL, PF still says buy @ 97. Perhaps a bit behing the times?

Still a bit expensive but seems perhaps worth a nibble around $45 for the long-term. Long-term after all, folks need to eat. There is some good "bad news" helping to drop it for the time being, but that may be a good thing, get in and just reinvest the div, 2%, IIRC for a while. I dont need it to go anywhere for about 35 years
wink.gif
 
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