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Message: NGC.v - Kim

Thanks Kim - I'm holding a few of those too - and of course in the same aqueous situation as you, lol.

It looks to me like the market is setting up for a few months of risk-on trading, which would be good for speculative stocks. I do think we get a downturn in Sept, but probably not too severe. US markets are still closely following election year patterns, and appear to be pricing in an Obama victory. Contrary to most Wall street punditry, an Obama victory would be positive for the markets. If Robme-Ryan happen to win, the year end rally will be severely muted (once again contrary to most punditry).

Meanwhile, in the PM and junior stock space, fear, loathing and despair are everywhere - very bullish, methinks. These stocks have been basing for some time, and look like they finally want to make a move up. I've been buying lately - I'm almost fully invested, and almost entirely in juniors. Still, this is just a trade for me - I plan to sell everything in January.

RGX.v looks pretty good here - and the risk / reward is OK too. I'd consider buying at .84-.86, with a stop at .77.

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