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Yes, the Cards kicked ass in their usual inimical, erosive fashion, but the Lucky Birds are you today, my friends, not my 13 point winning, New York Giants imitating Louisville Cardinals. Why you ask?
Oh! How lucky you are to be able to catch the $HUI at the 200 day moving average! It’s not often we get there:
I’m going to grab some GDX and GDXJ, today as I think we’re close to at least a tradeable bottom. We will likely have to be somewhat nimble, but I think this might be the nadir — especially if the dollar moves down into an intermediate cycle low. ANV and BAA are my best individual bets for the risk takers.
For those among you who are adventurous… the cheap stuff on the silver side is really, well… cheap ! SSRI is looking especially tasty here, for example, as is AG. EXK already started taking off yesterday. Of course SIL is there for those looking for “pool” instead of “pond.” Note also, the rare-earths as well. If the dollar drops, they will all benefit.
Have a great weekend, and go Cards (and Cats and Hoosiers, whoops! I win either way on that one!).
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thoughts on ABX, AUY and PAAS?
Don’t like the bigs, like AUY and PAAS.
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Deinga!
MSU had more turnovers (15) than fg (14)!
I was LOL’ing at Rafferty saying that the various Mich Staters were getting “Deinga’d” (as in the game of Jenga!).
The man’s a buffoon, but every now and again he’s amusing.
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Liking rare earths better than PMs for now. However, owning Lynas is like watching grass grow until the right news hits.
Also individual biotechs have been reacting nicely to news and events: $GTXI, SeekingAlpha article imminent. Citi’s top 2012 biotech pick, $19 target. Ostarine sales alone worth $11/share.
Interesting. The only reason I know anything about them is because a ridiculously rich guy I know was going all “Barack Obama” on it, except with his own money, not mine.
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Last year you were cheering on Kentucky and now it’s Louisville. I thought there were laws against that in the Commonwealth.