SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Gib Bogle who wrote (8699)3/2/2007 5:34:40 PM
From: TheSlowLane  Read Replies (1) | Respond to of 30090
 
Really not that much of a surprise. Keeping an eye on indicators like RSI can help one anticipate when extremes are being approached. Things were clearly stretched on the up side, now we are unstretching. I look at the charts to get an idea where stocks have found support in the past. I think Aladdin and loach both got good entries in STM today. It might go lower, but this is a game of probabilities and it seems like a relatively safe bet. I just listened to the Tom O'Brien show, he went long at 3:00 p.m. today (though I didn't hear what he went long on).



To: Gib Bogle who wrote (8699)3/3/2007 12:16:36 AM
From: Anchan  Respond to of 30090
 
Re: "...good buys in the U stocks soon"
Gib, I blinked today. Sold my URZ and UMN.TO (but bit my lip on STM.V and RSC.V). The other metal juniors ought to come back soon enough but the U stocks might have less supportive consolidating stretches in their pasts.
I wonder whether the market jitters are just a murky confluence of quantum-butterfly-in-the-forest effects; certainly, the yen carry trade has begun to unravel. But how great is its might among junior precious, base metal and uranium stocks? And how long will it ravel-un?