Hi Baz - Thanks for the insight. Chart looks a bit choppy, but so it goes. Loving PMV/PVM (PMI) lately .. thanks Kaimu, but they do have to fix all the different P's. Let me know when it gets a bit long of tooth. Petrobakken is the current litter star, with lowly North American Tungsten making my day. Does this move have legs or is it time to back off, looked a bit weak for the lower quality commodity stuff today. Saw a header from a Black Rock honcho to go 100% long now, which I already am mostly. Happy Trading
Hi All - Guess this one came in below expectations on the Bisha project in Eritrea. Lowered Au oxide reserve base in today's release, but this still appears to be a robust project. Anyone like this falling knife? Happy Trading
Hi All - Just caught a clip that Brazil is upping local content requirement on mining/oil projects. Guess this is a good as time as any to take these gains as Hope & Change overpowers this government too. Happy Trading
Hi All - What to do now for the buy & hold crowd. Nice gains today with crowd favorites PMV and GRR along with some of my uraniums. Caught this clip attributed to Ms. Palin - "You’ve got to rage against the machine at this point in order to defend our republic and save what is good and secure and prosperous about our nation. We need somebody who is engaged in sudden and relentless reform and is not afraid to shake up the establishment. So, if for no other reason, rage against the machine." Go Newt & Happy Trading
Yo Vad - When you think about it the Kissinger story line has a bit of cachet. Gingrich is upsetting the powers that be, and so they throw out Bush III since the ball missed the mitt. Happy Trading
Hi All - Interesting day - here is a take on the latest mortgage nonsense. Couldn't resist the temptation of PAAS being off 10%, let's see. I have always wondered about the mortgage backed security owner's damage suffered with all these schemes of the current administration. Happy Trading
Hi All - What in the world happened to natural gas this morning. Futures were off as usual earlier and now it is up +6% - with this one following suit in early trading. Looks like a fun day for us commodity longs. Happy Trading
Hi Dr. S. - PAAS did very well for me, but now I've selected Silver Standard (SSRI) as it has been hammered down so much from a reserve downgrade, and I think they have the most silver reserves of any company out there. How about those Bakken names lately - with TSE:PBN leading the way. Here is some good news for company profitablity with increasing elimination of flaring. I think Whiting is also building a plant in the area. Kinda surprised the Administration didn't put a stop to this proper resource development. Happy Trading
Hi Dr. S - Nice article .. who knows about the timing. Thanks to Bill and others I am finally into KGC. Anyone have thoughts about Torex. Might be time to take my Bakken/Niobrara gains, but always looking for long haul when entering. Happy Trading
Hi All - This market is like a horse I once owned ... never know when its going off. A bit weird to see all my junk going up at once. Speaking of oil misconception how about the commander in chief in all his wisdom putting the spike in proper resource development, with further delays on the pipeline. This is much like putting all the oil & gas workers off the job for a year in the gulf.... may his days be numbered. Happy Trading
Hi Ballena - I am not as heavy into the sector since March 11th. I thank the higher one I was watching Fox when news of reactor leaks came out after the power went out. I hold Fission for nice gains due to proximity with Hathor lands, but my new favorite is Kivallig. On CCJ I keep a pup position for the time being, and will likely enter DNN & UEX in due course. Happy Trading
Hi All - Here is one that has been a falling knife for some time now that seems to be making a move today for the first time in 3-4 months. A good dissection of the company's prospects in Seeking Alpha today suggest it is well undervalued. Happy Trading
Hi NYU Grad - Not saying it will last but you may want to look at the Bakken names for your intra-day trading scenarios instead of the e-minis or whatever it is you trade. Seems like the leaders take turns from day to day to the point of being predictable. Your illuminating chart on the 350-250 day moving averages on the S&P 500 gave me pause. Hope all enjoyed the Holiday. Thanks to each and every one of you, but especially to Bill & Pat. Happy Trading
Hi All - Having a great run on the Bakken names (KOG,PBN et. al.) and now see this clip: Continental Resources said there is more production from the Three Forks formation than originally anticipated, and estimated ultimate recoveries could double from 500,000 to over 1 million barrels per average well. Great news given that most Bakken wells already drilled can now also be completed in the deeper Three Forks formation. Happy Trading
Hi All - Caught this clip in the WSJ: Statistics on Chinese wine production are as famously murky as the origin of the liquid that goes into the bottles. But it's widely agreed that, although hardly a drop of Chinese wine gets exported beyond Hong Kong and Macau, China is about to become one of the world's top 10 wine producers. The London-based International Wine & Spirit Research, which does world-wide market studies on the consumption of alcohol, says China is now the fastest-growing wine market in the world, with consumption of more than one billion bottles forecast for next year. The country already boasts more than 400 wineries, although the Big Three of Dynasty, Great Wall and Changyu account for the vast bulk of the production. Is there an investment here? Happy Trading
Hi LoanNet - Here we have a fracking and nuclear effort by the Department of Energy that was a hoot. Reports suggest the bulk of the contamination is in the foundations & aquifers in the immediate area; limting areal extent, much like Rulison - a bad deal for sure, but stuff happens. Happy Trading
Hi All - Now that the House has done its job for out of employ people, doctor's medicare payments and proper resource development they need to move forthwith to eliminate the MERS nonsense. Happy Trading
Hi All - For us long types it was not too much fun. Staying with the theme if the Euro goes to pot like POT did today - this is not the end of the world for my commodity heavy leanings. Heck; I even got some nice vibes from GRR, with RGX hanging in there. Happy Trading
Hi Baz - Thanks for the insight. Chart looks a bit choppy, but so it goes. Loving PMV/PVM (PMI) lately .. thanks Kaimu, but they do have to fix all the different P's. Let me know when it gets a bit long of tooth. Petrobakken is the current litter star, with lowly North American Tungsten making my day. Does this move have legs or is it time to back off, looked a bit weak for the lower quality commodity stuff today. Saw a header from a Black Rock honcho to go 100% long now, which I already am mostly. Happy Trading
Hi All - Guess this one came in below expectations on the Bisha project in Eritrea. Lowered Au oxide reserve base in today's release, but this still appears to be a robust project. Anyone like this falling knife? Happy Trading
http://www.nevsun.com/news/2012/february07/
Hi Baz22 - For us commodity types got a favorite DNA/biotech company you want to share? DNDN did very well for me with a 3/11 exit. Happy Trading
Hi All - Just caught a clip that Brazil is upping local content requirement on mining/oil projects. Guess this is a good as time as any to take these gains as Hope & Change overpowers this government too. Happy Trading
Hi All - What to do now for the buy & hold crowd. Nice gains today with crowd favorites PMV and GRR along with some of my uraniums. Caught this clip attributed to Ms. Palin - "You’ve got to rage against the machine at this point in order to defend our republic and save what is good and secure and prosperous about our nation. We need somebody who is engaged in sudden and relentless reform and is not afraid to shake up the establishment. So, if for no other reason, rage against the machine." Go Newt & Happy Trading
Yo Vad - When you think about it the Kissinger story line has a bit of cachet. Gingrich is upsetting the powers that be, and so they throw out Bush III since the ball missed the mitt. Happy Trading
Hi All - Interesting day - here is a take on the latest mortgage nonsense. Couldn't resist the temptation of PAAS being off 10%, let's see. I have always wondered about the mortgage backed security owner's damage suffered with all these schemes of the current administration. Happy Trading
http://globaleconomicanalysis.blogspot.com/2012/01...
Hi All - What in the world happened to natural gas this morning. Futures were off as usual earlier and now it is up +6% - with this one following suit in early trading. Looks like a fun day for us commodity longs. Happy Trading
Hi Dr. S. - PAAS did very well for me, but now I've selected Silver Standard (SSRI) as it has been hammered down so much from a reserve downgrade, and I think they have the most silver reserves of any company out there. How about those Bakken names lately - with TSE:PBN leading the way. Here is some good news for company profitablity with increasing elimination of flaring. I think Whiting is also building a plant in the area. Kinda surprised the Administration didn't put a stop to this proper resource development. Happy Trading
http://www.willistonherald.com/news/fueling-growth...
Hi Dr. S - Nice article .. who knows about the timing. Thanks to Bill and others I am finally into KGC. Anyone have thoughts about Torex. Might be time to take my Bakken/Niobrara gains, but always looking for long haul when entering. Happy Trading
Hi All - This market is like a horse I once owned ... never know when its going off. A bit weird to see all my junk going up at once. Speaking of oil misconception how about the commander in chief in all his wisdom putting the spike in proper resource development, with further delays on the pipeline. This is much like putting all the oil & gas workers off the job for a year in the gulf.... may his days be numbered. Happy Trading
Hi Ballena - I am not as heavy into the sector since March 11th. I thank the higher one I was watching Fox when news of reactor leaks came out after the power went out. I hold Fission for nice gains due to proximity with Hathor lands, but my new favorite is Kivallig. On CCJ I keep a pup position for the time being, and will likely enter DNN & UEX in due course. Happy Trading
Hi All - Here is one that has been a falling knife for some time now that seems to be making a move today for the first time in 3-4 months. A good dissection of the company's prospects in Seeking Alpha today suggest it is well undervalued. Happy Trading
Hi NYU Grad - Not saying it will last but you may want to look at the Bakken names for your intra-day trading scenarios instead of the e-minis or whatever it is you trade. Seems like the leaders take turns from day to day to the point of being predictable. Your illuminating chart on the 350-250 day moving averages on the S&P 500 gave me pause. Hope all enjoyed the Holiday. Thanks to each and every one of you, but especially to Bill & Pat. Happy Trading
Hi All - Having a great run on the Bakken names (KOG,PBN et. al.) and now see this clip: Continental Resources said there is more production from the Three Forks formation than originally anticipated, and estimated ultimate recoveries could double from 500,000 to over 1 million barrels per average well. Great news given that most Bakken wells already drilled can now also be completed in the deeper Three Forks formation. Happy Trading
Hi All - Caught this clip in the WSJ: Statistics on Chinese wine production are as famously murky as the origin of the liquid that goes into the bottles. But it's widely agreed that, although hardly a drop of Chinese wine gets exported beyond Hong Kong and Macau, China is about to become one of the world's top 10 wine producers. The London-based International Wine & Spirit Research, which does world-wide market studies on the consumption of alcohol, says China is now the fastest-growing wine market in the world, with consumption of more than one billion bottles forecast for next year. The country already boasts more than 400 wineries, although the Big Three of Dynasty, Great Wall and Changyu account for the vast bulk of the production. Is there an investment here? Happy Trading
Hi LoanNet - Here we have a fracking and nuclear effort by the Department of Energy that was a hoot. Reports suggest the bulk of the contamination is in the foundations & aquifers in the immediate area; limting areal extent, much like Rulison - a bad deal for sure, but stuff happens. Happy Trading
http://en.wikipedia.org/wiki/Rulison
Good morning Jack Black - Mine accident at the Lucky Friday. A number of miners injured and mine has been closed for the time being. Happy Trading
Hi All - Now that the House has done its job for out of employ people, doctor's medicare payments and proper resource development they need to move forthwith to eliminate the MERS nonsense. Happy Trading
Hi All - For us long types it was not too much fun. Staying with the theme if the Euro goes to pot like POT did today - this is not the end of the world for my commodity heavy leanings. Heck; I even got some nice vibes from GRR, with RGX hanging in there. Happy Trading