[youtube:http://www.youtube.com/watch?v=H9V5yUsrmdg&feature=related 450 300]
Sublime Beauty Clears the Head, No? ( And Dig Larry Kudlow on the Fife)
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On vacation and feeling only slightly more put off than usual by the usual cynical sniping on these fora. I’d thought we’d put these AGW hand wringers to bed when their entire academic conspiracy was blown some six months ago at it’s corrupt heart in Merry Olde Englande. But no, some control freak Big Gov’t types don’t even know to fold when their pair of deuces is called and found wanting.
So be it, I won’t let the teeth-gnashers ruin this generally good mood I’ve been in, despite the real threats to our economy and freedom in these United (still) States. For myself, I am going to continue banking on — and banking coin on — the ingenuity and innate elasticity of the American people, despite the embittered natterings of the “entitled” ignoranti who believe they are owed a living.
But enough of that. There are two stocks I believe are set to continue making outsize gains in the coming Bearcaploypse Now. The first with which you are well familiar — the much discussed ENTR.
It has not been taken the pounding so many did in this recent pullback, but you can see that it touched support last Thursday and now seems poised to finally break that $6.75 barrier. Fly will get you ten this thing goes to $10.
The second near termer is the little brother to fast walkers CREE and VECO. I think POWR has been consolidating nicely on this weekly chart while staying with it’s trend. I like it to pop with any post – Fourth fireworks this week. Look for new highs here, too:
You should use that trendline as your guide. We very well could drop down to the mid $8’s here again, but I think that should present a nice opportunity.
On the precious front, I continue to love ANV and SLW here as the strongest launch contenders out of this pullback, but RGLD may be the cheapest value play of them all, this far below $50. Your call, I love ’em all.
Be well, and take courage in knowing that even dumb left-leaning governments can learn, as the Ozzie’s foolish decision to tax their greatest exports and economic engine (their mining sector) was recently diluted by 25% (from 40% tax to 30%). Only 75% more to go…. (eye roll)
Best to you all… I shall be checking in sporadically during the day, as my B’berry access will be limited this week.
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