Tuesday, January 4, 2011

Sold HWD $11.71 and BULM $1.18

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With today's precious metal correction I decided to take a couple of small profits and raise cash for a potential buying opportunity in the near future.
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The first daily chart is my sale of Harry Winston Diamond Corp (HWD) at $11.71.
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Click on a chart to ENLARGE
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The other position I liquidated today was Bullion Monarch Mining (BULM) at $1.18.
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My TSI Trading record has been updated.
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2 comments:

  1. AnonymousJanuary 7, 2011 at 3:47 PM

    John, what is your take on the mining stocks after this week? Are we in for more of a correction? I'm looking to enter a few after missing the run up last year. Thanks

    ReplyDelete
  2. John TownsendJanuary 7, 2011 at 5:29 PM

    I think the mining stocks are oversold and due a bounce soon, but I would not be inclined to support a buy and hold of new positions at this point.

    ReplyDelete

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