Wednesday, July 14, 2010

Hecla Mining (HL) - Sold $4.94

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I decided to take a small loss on my Hecla Mining (HL) position.  I continue to be uncomfortable with what I do and do not see gold doing..... so I took some of my money back and will see if I can put it to good use another time.
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My TSI trading record has been updated.
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Click on the chart to ENLARGE






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Here is an updated look at the weekly chart of GLD.  I have added a 2nd TSI with a faster setting.  Frankly, I just don't like what I see and it bothers me.
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See what you think.
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Click on the chart to ENLARGE
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Another GLD weekly chart with a couple of different momentum type indicators - Stochastic Momentum Index (SMI) and regular old Stochastics.
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Click on the chart to ENLARGE

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