drbubb

I never trust market moves outside NY trading hours

You gotta know I agree with that comment. Those still stuck in, long UK property now, are going to find it very hard to close a sale, now that the liquidity is gone

It could be a decent answer, YES. Any ideas of what might beat gold?

i'M NOT AS BULLISH as some others on Silver. But I do own some silver stocks

What is "too soon"? Do you think everyone can sell "at the top"? What did you do with the money? I would argue, STR is a good strategy at any time, if you find a better use for your equity.

We are moving into a full-blown REALITY PHASE when such comments are picked up and printed by the likes of mainstreamers like JPM

EOX chart ... update : Daily-1year The Euromax story has moved on... It is now broader than Bulgaria. I think you will see some very interesting drill results, and maybe other news from Euromax in the weeks and months to come. website: http://www.euromaxresources.com I am trying to arrange an interview by CW Radio of John Menzies, the CEO of Euromax.

Buying a pack of Cigarettes in Zim?

I took a look at Sage about 2 years ago, and thought it was overpromoted and overvalued. Looking at the chart : SGX.v ... it seems: That it is still correcting from a big run-up, and may drift back down towards $0.23-24, where it might be an interesting buy. But that is without any digging into fundamentals. What is the market cap? Why did you choose Sage? You might consider starting a thread in the Mining section, where it might be noticed by more people

I started well before that. In fact, before the Bre-X crisis. But I was investing in a rather smaller way until about 2001, when I STR-ed. Like many, I found it difficult to make money trading Juniors during the bear market, but I did generally outperform the Junior stock indices. Having lived through that time, I tend to be quicker to take profits after a good run than many that started later. I also learned to play the seasonal cycles, buying most aggressively in August and in December, and then selling after a 2-3 months run up from each.

It has certainly smasshed thru key support levels, and so may need to go down another "full notch" to the next key Moving Average Next support is about Dow-11,500

I think Gold will "go parabolic" before it peaks. That hasnt happened yet. I would also look for long rates to show a signiicant rise, and short rates to bottom, and maybe hold higher. That isnt a trigger that I personally find of great importance. Maybe you can explain more about why we should be watching this? So really do think that M3 is misleading, and if you look at a broader measure of money, including something like commercial paper (which has dropped precipitiously), then overall money is growing at something like 3%. So maybe a focus on "old M3" is way too narrow

Have you looked at the chart? I often make money buying when others lack the confidenxce to do so. But that doesnt mean I am right this time. I have already bought some calls today, Will tell you which series when I am done. But it is late in HK now, and Im calling it a night

I like RGLD below $30 ... see chart Call options might be worth buying here

SPX could be nearing an important low here Weekly SPX ... update I shall be watching the VIX on opening, Does anyone knwo what Tom Obrien is saying about this move?

Yes, symbol: PIMHF / weekly chart You may want to check out a thread here on Playmates. Be careful, there was a stock consolidation recently. The stock is back under my cost now

TODAYs Summary... Gartman Says · charts on page one show DJIA entering a bearish consolidation pattern following its break from a multi-year bullish trend; EUR vs. the USD has broken through upper resistance, and now there is no further resistance to deal with (1.53 within sight and 1.58 a reasonable longer term target); April WTI crude – a moon shot. · comments on the Fed’s new found transparency, and suggests that perhaps now enough is enough as confusion is reigning regarding the Fed’s focus or lack of coordinated opinion. · covers the situation breaking out in South America as Colombia has attacked FARC rebels in Ecuador , and Ecuador has asked Venezuela for help in reigning in Colombia . Brazil is also being asked to get involved. An oil pipeline was hit, but damage was limited. · equities globally are higher, especially in Asia , responding positively to the Ambac situation (new financing, no bankruptcy). Sees the current rally as “corrective” in nature, and nothing more, as the major trend remains negative (200 day MA is downward, and is seen in global markets, not just local ones). · Recommendations: long gold (8 units) and short US equities (4 units); long natural gas (3 units) and short crude oil (3 units). Company Upgrades/Downgrades Rating changes on US companies: Tyson raised to “buy” at Merrill Lynch First Horizon removed from “Conviction Sell List”, still “sell” at Goldman Sachs Forward Air Corp raised to “outperform” at Robert Baird IPC the Hospitalist new “buy” at Jefferies Aviva raised to “overweight” at Lehman Bros Penn West Energy raised to “buy” at Merrill Lynch Petro-Canada raised to “buy” at Merrill Lynch Canadian Oil Sands raised to “buy” at Merrill Lynch Suncor Energy raised to “buy” at Merrill Lynch Fluor raised to “buy” at Citigroup Oracle reinstated “buy” at Goldman Sachs McDermott raised to “buy” at Citigroup Saks cut to “neutral” at Banc of America

You can buy some builders, and some property co's I like Playmates Holdings

Leave them alone. We need someone to be on the otehr side of our profitable trades, and the thickos on the mainstream help to serve them up

Okay, you can have them PM me through this site, if they are willing

There's no guarantee that the boom in mining will continue, so i want to shift some of my wealth into another investment area. I would like to get to 20-30% of my equity elsewhere by year end. The 1% per week has been on the property value, so if you finance 65%, that's 3% per week, which is 150% per annum return on equity. That's plenty good for me. In fact, I am running into problems getting the loans I want (without more HK-source income), so i may gear at less than 65%. I am now beginning to "trade up", buying larger and more expensive flats, while trying to sell the smaller ones. Because I would prefer to have 5 or 6 more valuable ones in my portfolio, rather than 9 or 10 cheaper ones. Having said that, i dont think it is smart to bet on the luxury market, even though most people will tell you it is. I find myself a contrarian on that "common wisdom" for reasons I can give, if you are interested

My broker has my certs/ But i deal with Canaccord, not shysters like Merrill Lynch

There are some threads like that, But perhaps I should start another one in honor of all the new members. Is there enough interest here?

Jim Sinclair Commentary Now that the public is disheartened on the junior sector and the Geeks are high five-ing it is time for the OTC derivative of the ratio spread to blow up like everything else the Geeks have done. - - Junior gold companies set for turnaround soon, says RBC analyst March 06, 2008, 7:30 AM by Zena Olijnyk The junior gold companies - explorers and developers - haven gotten the same sparkle out of rising gold prices as the large producers, but a turnaround may be in the offing, says RBC Capital Markets analyst Michael Curran. e have been extremely disappointed to see the lack of participation in the recent gold price move frm the junior gold space,?Mr. Curran says in a note to clients. While most of the larger producers hit 52-week highs in January, and again in recent days, Mr. Curran says the juniors have to look back to the spring of last year for their 52-week highs. Mr. Curran sees one of two scenarios unfolding for the junior gold companies, both of which could lead to a turnaround: a gold price-driven late rally, or an increase in M&A activity. In the case of the latter scenario, the elevated valuations of the larger caps will make acquisitions of the smaller cap laggards very compelling. /see: http://www.jsmineset.com/

Added to the GEI-Links page: Theme songs.... : I Get knocked Down : Goldfinger : Diamonds are Forever : Turn Turn Turn "Diamonds are Forever" - in honor of patient shareholders in Firestone Diamonds (FDI.L) FDI chart ... update - Updated : 5-09-2008 Which has recently announced some great results suggesting the possibility that MK1 in Botswana may potentially be "the world's largest diamond resource" == (in edit- as it turned out: Results at MK1 were disappointing... in a weak market) ... update