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I am still long SLV and have been for about a week. I am impressed with its outperformance of gold and an opting to stick with it here. In particular, I believe there is still an excellent chance for a major gap fill up to late-September levels of $36/$37. Beyond the precious metals, the energy stocks are most impressive to me this afternoon, namely CPE KOG and XEC. The retail sector that I profiled last night is starting to gain steam too.
In sum, if we see the whippiness of the market abate, I am going to focus on the aforementioned sectors.
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Consider my neck turned. Isn’t they pretty in pink?
Thanks chess.
Keep an eye on GDX too. As you know I’ve been in it since last Monday. Not only is this early in the GOlD cycle, but from the T.A. standpoint there’s a gap fill coming and the thing has been consolidating for a year. The potential for playing catch up is giant.
… looks like an outtake from “Girls Gone Wild” !
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She’s classier than those sluts. She was in Disneyworld with Mickey!
… wonder if she’s sportin’ a “tramp stamp” on her lower back ?
She IS quite tha cutie !
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