Bought TCC yesterday for 0.395 sold today at .44 made $340 bought HBU yesterday sold today made $200 say goodnight Gracie goodnight Gracie.
The $HUI's inability to force its way above the EMA(7) tells me this is a fantastic opportunity to short gold miners. HIUI is at 533 now; if it just gets up to 539, you cancel and take a small loss. But it might be likely to drop here, at least back to 520 support. 13 versus 6 is good odds.
Gold is dropping, by the way.
BCM is still circling the drain. Actual silver producers like FVI also going down. BTO strongish but unconvincing.
Still think $HUI's next move is down unless it grows some balls.
But wait til after the FOMC statement this afternoon. I doubt we'll get a surprise but you never know how much effect the political pressure from the investor class could have.
BTW, investor class: take a look at the panic on the streets of London. That's your future.
hang the dj hang the dj hang the dj
ReplyDeleteHANG THE DEEJAAAAAAAY
That's been going through my head all week.
ReplyDelete