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Message: Re: Klaus re:cuv

Dec 09, 2011 07:59AM

Dec 09, 2011 08:10AM

The good: There was a buy on the hourly MACD yesterday, but that's very short term, and not as reliable when it comes to stocks that trade sporatically. There has been a lot of volume in the last 2-3 weeks in the .90-1.00 area, so there's a possiblility of a bottom forming. Daily MACD on the cusp of a buy. These kind of stocks have the potential for a sudden pop - followed by a "why didn't I buy that earlier?" head banging incident.

The bad: The long downtrend line on the daily is still intact. 2 weeks left of potential tax loss selling.

The ugly: If Europe slips into a black hole, no one will care about junior mining stocks - they'll get even cheaper.

I kind of like it here. Chancy, but I might buy a third of a position and watch it for another week or so. Depending on how the stock acts, I'd consider buying the rest around Dec 16.


Dec 09, 2011 06:28PM

Dec 11, 2011 11:22AM

Dec 11, 2011 12:01PM
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