Tuesday, December 20, 2005

20051220 Me AM

SIFY 10.24. Possible short.
IRIS 22.36. Closed below 50 day moving average.

TRE 4.79. Touched new 52 week high with good volume. Strong gold stock run Jim Sinclair. Over $5 and it becomes marginable and can move higher even faster. Uptrend has not broken, and is not pulling back with other golds/market. In general it is way too late to be buying gold stocks. Bought 10,000 at 4.52 and 4.53 during the dip in the afternoon.
GRS 11.21. Another strong gold stock that is not pulling back.
SLW 5.14. Third pick for a strong miner.

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