re: Finding more "PAL's"...
Laggard commodities, sectors, and stocks are seeing
strong backing & filling as the entire
commodity sector is being lit up with hot,
speculative, momentum money.
Look for beaten down stocks in strong sectors
like the gold sector, that have geopolitical,
or performance risk - such as KRY with it's
Venezeulan geo-risk, such as HMY with the
power problems in South Africa....and laggard,
beaten down sectors like Uranium, where the
old fav' momentum plays always re-attract all
the small cap mo-mo traders.
You pick a basket - take profits on pops, get to
a position where you're only playing with the
houses's money and let a portion ride as long
as the mo-mo move stays intact.
Here are just a few that are already moving.
There are plenty more... start digging - time's
a wastin'... these aren't my fav's, but I can't
give everything away.
Here's another one I'm watching... badly beaten down,
seeing capitulation selling.
These aren't like buying GOLD, GG, or KGC on HUI
pullbacks, where you can ride the uptrend for a
couple of months.
These are speculative trades...if you want
to keep a longerterm spec basket of them...
do it with house money.
Lot's more still out there - start diggin'
Mo later,
S.O.T.B. |
