The TSI Trader offers technical analysis of the stock market, gold and selected mining stocks using the True Strength Index (TSI).
The True Strength Index is a sophisticated 'low-lag time' momentum indicator.
Projected earnings of mining company stocks are provided weekly by Bill Matlack's Metals and Mining Analysts' Ratings and Estimates report published at Kitco and are used to highlight some mining stocks for study.
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Tuesday, June 15, 2010
GSS 60 min - NOON Tuesday
I did take the buy trade on the open at $3.98 (it retested $3.94, darn it) and just closed the trade at $4.08. Nearly a 3% gain.
TSI and SMI were getting too high and I would always prefer to take my money off the table than lose my money :)
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