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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Davy Crockett who wrote (16031)6/10/2014 8:51:44 PM
From: isopatch1 Recommendation

Recommended By
roguedolphin

  Read Replies (2) | Respond to of 33421
 
Kudos, think you nailed it.

My work went from neutral to NT bullish, last night. Think we get, at least, a good tradable rally between now and end September.

Could dick around a bit longer under $1,300. Nada but the usual head fakes to keep most people out until prices are higher.

I don't set price targets. Other people are better at doing that. Just try to get with a trend change, fairly early, and stay with til it looks like it's done.

Have to look back in my old posts to see the last time I went public with a similar read. It was awhile ago. I'm not very active, anymore. Too busy with, very rewarding, local stuff.

Do like keeping an eye on the bigger markets, though.

Iso



To: Davy Crockett who wrote (16031)6/11/2014 3:31:37 PM
From: Kahlua1 Recommendation

Recommended By
Davy Crockett

  Read Replies (1) | Respond to 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