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Strategies & Market Trends : Natural Resource Stocks

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To: hubris33 who wrote (35806)2/23/2006 10:09:10 AM
From: Charles Macdonald  Read Replies (3) of 108662
 
Hubris - Thanks. I don't currently own all the the issues I am watching or publicly charting. I have owned each of them at some point over the past.

I am a LT believer in the Gold Bull and have a core that has been traded around for the past two/three years. These issues I will keep until I am convinced the LT trend has changed.

Around the core, I am basically trading patterns for short/mid term swings. Mostly looking for swing setups, trend breaks/etc, but also do some position scalping (ie Drooy). The issue with chart patterns is that they work until they don't.

Currently holding and trading the following - ANO, MNG, DROOY, VGZ, RGLD, NG, TRE, PMU, CKG, MMRSF, CALVF, PAAS, NSU, and a few other odds and ends.

Rest of portfolio is 10% Inverse Funds (Currently position building here) and 12% Physical (more silver than gold).
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