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Strategies & Market Trends : John Pitera's Market Laboratory

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Davy Crockett
To: Davy Crockett who wrote (16031)6/11/2014 3:31:37 PM
From: Kahlua1 Recommendation  Read Replies (1) of 33421
 
hi Davy,

A very nice call indeed! Congrats on your JNUG trade. It's always rewarding to follow the TA even when the FA stinks and have a winning trade. I was expecting the lows to be tested or broken in July, so I had some outlandish bids on a few miners but thanks to your call, I did bump up those bids and increased a few positions, which has been profitable thus far. The risk/reward was too compelling to stay on the sidelines.

So are your charts suggesting we pullback here at this 215 - 216 HUI resistance line before the next breakout?

Regards,
Kahlua
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