RE: US Stocks - Watchlist and Discussion (Premium)
(2016-01-10, 09:20 AM)pcabc Wrote: So the gold miners picking up was not my imagination.
They've been off my radar for a while too, as Gold has been in Stage 4 for 3+ years now, and topped in 2011. So the fact that some of the gold miners are turning around, or just forming massive bases and not falling anymore is interesting. Something to keep an eye on at least, as stocks with big bases is what I'll be looking for when the market Stage 4 comes to an end, and you won't find those in any sectors only just breaking down into Stage 4 now, as I mean 1+ year bases. So they'll be in the most unloved sectors of the last few years where all the weak hands have already left, and so will sell off a lot less during a broad market decline and form their Stage 1 bases. 2016 is going to be an interesting year.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.