Stock Trading Techniques

Back in mid-January I wrote about Crosshair Exploration & Mining Corp (see Using Trend Channels to Time Trades and Crosshair Begins Winter Drill Campaign). We bought it and, following the rules we defined when we set up this site, we entered a sell stop. When the market turned against us, we were stopped out [...]

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Sprott Sees Financial Turmoil Pushing Gold to $2,000 an Ounce
By Stewart Bailey
March 10 (Bloomberg) — Turmoil in global credit markets may lead to the collapse of a North American bank, pushing bullion prices up to $2,000 an ounce as investors seek a haven in gold, Eric Sprott said.
This year’s decline in banking and [...]

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The pattern for the last several months has been for the big traders to slam gold down on Fridays. It happened again yesterday and, unfortunately, the new $31.89 sell stop I entered for HGU.TO Thursday was activated and we were sold out at $31.88 for a $751.00 gain after commissions (and, remember, we use $25.00 [...]

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We hit a home run with Mag Silver. Since buying MVG less than a week ago at $11.83, it has run up to $15.60 today for over a 30% gain. It’s time to protect our profit by entering a 50-cent trailing sell stop order.
What a trailing sell stop order does is what the name implies. [...]

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Silver is making a strong move up, closing at a 28-year high today of $17.76/ounce, yet a very good silver producer has seen its price floundering. That company is Mag Silver Corporation (MAG.V on the Canadian exchanges, MVG on the US Amex exchange). The reason for this is that MVG issued 1,380,000 warrants (rights to [...]

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A few weeks ago I wrote about Story Stocks (see “Story Stocks, What’s the Story?). In it I profiled a company called Pro-Pharmaceuticals (PRW), a small biotechnology company that closed at $.67 yesterday.
PRW has a powerful story that is too important to ignore (see their web site). My wife and I attended a session with [...]

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Although the price of gold has been on a tear recently (with short, but violent, corrections along the way), gold stocks have lagged the price of gold.
This long-term weekly chart shows that every time the XAU gold index, when compared to the continuous gold contract, reaches a ratio of .19, the price of gold stocks [...]

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The general stock market is in the toilet. We are in recession (no matter what our beloved government officials say) and the housing and credit markets are getting worse. So what do we invest in? Well, in almost any situation of great uncertainty people frequently flee to gold and gold stocks. Let’s see what gold [...]

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[Erv's note: This is a guest post from my friend, Hank.
Click here to see this chart full-sized and keep it open as you read the commentary (by the way, the bottom of the chart says "sometimes by ~50% in 4 to 8 weeks". That is not a minus 50%, but is the squiggly "tilde" symbol [...]

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What is a “story stock”? My definition of a story stock is a stock that has no proven product, no earnings, no track record, and generally little money, but has such a compelling product development “story” that, if true and if it ever comes to market, it would revolutionize its industry sector and make millions [...]

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