Thursday, July 8, 2010

SWC (Stillwater Mining) - add at $11.66

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If I am correct that GLD is going to go up now then SWC - one of the most volatile of mining stocks - should go up even faster than gold.
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Of course, it also means if I am wrong, SWC will go down faster than gold and I will have to sit for awhile.
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Click on the chart to ENLARGE


SOLD (same day) $11.96 for 2.6% gain.  
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I was uncomfortable with the developing divergence between price and the TSI.  So I took my ball and decided to go home.
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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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