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Classic mining stock collapse last 2-3 days


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#1 senorBS

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Posted 23 September 2011 - 09:46 AM

that's what happens when an incredibly weak rally pattern ends, HUI 490-500 is minimum target in Senor's opinion. BSing away Senor

#2 goldfungus

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Posted 23 September 2011 - 10:45 AM

that's what happens when an incredibly weak rally pattern ends, HUI 490-500 is minimum target in Senor's opinion.

BSing away

Senor



NEM looks to have broken out above 60. Looking to buy more on a retest.

#3 senorBS

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Posted 23 September 2011 - 11:00 AM

that's what happens when an incredibly weak rally pattern ends, HUI 490-500 is minimum target in Senor's opinion.

BSing away

Senor



NEM looks to have broken out above 60. Looking to buy more on a retest.


first thought is that falling knives comes to mind

NO BS

Senor

#4 SemiBizz

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Posted 23 September 2011 - 11:03 AM

I'd say we have an avalanche here...
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#5 goldfungus

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Posted 23 September 2011 - 05:18 PM

I'd say we have an avalanche here...


Or a gap fill.

#6 SemiBizz

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Posted 23 September 2011 - 06:59 PM

I'd say we have an avalanche here...


Or a gap fill.


That's the thing about an avalanche... gaps don't stop it, they get filled and the pile keeps on moving down the hill...
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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

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#7 senorBS

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Posted 04 October 2011 - 12:59 PM

HUI has made it to Senor's minimum targets at 490-500, no bottom fishing for this hombre, I've been stabbed by too many falling knives in the past. Would prefer to wait for some bottoming signs. NO BS Senor

#8 dougie

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Posted 04 October 2011 - 02:13 PM

nice call Senor bs what of your oil plays?

#9 senorBS

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Posted 04 October 2011 - 02:19 PM

nice call Senor bs
what of your oil plays?


I use stops, took losses, have re-purchased a few

Senor

Edited by senorBS, 04 October 2011 - 02:20 PM.


#10 dougie

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Posted 04 October 2011 - 02:33 PM

thanks