tag:blogger.com,1999:blog-2643613788950912206.post3249768695064596768..comments2023-09-17T02:33:56.785-05:00Comments on The TSI Trader: Bought TNA - $35.70John Townsendhttp://www.blogger.com/profile/13243755287314446656noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2643613788950912206.post-20021560476834682762010-08-13T15:40:07.224-05:002010-08-13T15:40:07.224-05:00Maybe I should be a chicken little too! It would ...Maybe I should be a chicken little too! It would have certainly have saved me this temporary draw down and I could have been focused on something else that was working. <br /><br />But, as I hope I have mentioned before, I compete with myself, no one else. I strongly believe the US Dollar is doomed and this TNA trade makes sense to me, so it is my own personal challenge to see just how much I trust both my judgement and my understanding of what my indicators are telling me to stay with it. <br /><br />If I fall on my face it will not only hurt a little, but I just might learn something that will make my judgement a little sharper in the future. What's that saying, nothing ventured, nothing lost?<br /><br />Sabina Silver Corp - wow, look at that volume in the last two days. Must be a story there worth listening to, I just am not up on this particular stock. <br /><br />In general, fwiw, I expect silver to significantly outperform gold during the balance of gold's current C wave...that goes for silver miners, as well. Your choice may to be buy some individual silver miners to hold, such as SBB.TO, or to reduce a bit of company specific risk, consider a purchase of the silver miner ETF ticker symbol SIL. <br /><br />At the moment, Sabina has a negative divergence 'not' going for it on the daily chart. My hunch is that if you chose to buy it in a few days on a pull back you would be glad you did.<br /><br />Thanks for your post.John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-62451002865284154252010-08-13T15:17:51.044-05:002010-08-13T15:17:51.044-05:00I HAD TO TIE MYSELF TO THE MAST TO KEEP FROM BUYIN...I HAD TO TIE MYSELF TO THE MAST TO KEEP FROM BUYING TNA @ 35.38 10 or so mins before market close but my fear did not release me. I think the Euro leads and if it continues to fall we are in trouble but I still look for your trades to look much better next week even though I am a chicken little.<br /><br />What do you think of SBB.TOAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-57579188602445895012010-08-13T12:21:33.050-05:002010-08-13T12:21:33.050-05:00Thanks for pointing that 50 ema out. I'll say...Thanks for pointing that 50 ema out. I'll say a few more prayers. LOL<br /><br />Seabridbe Gold (SA) looks really good, to tell you the truth. It is just on the verge of a TSI breakout to the upside on the daily chart and MFI has been advancing higher for 3 weeks now. Not a "confirmed" buy in my book, but looks like a winner to me.<br /><br />Thanks for your post.John Townsendhttps://www.blogger.com/profile/13243755287314446656noreply@blogger.comtag:blogger.com,1999:blog-2643613788950912206.post-11202037388719515252010-08-13T11:58:34.983-05:002010-08-13T11:58:34.983-05:00Cash dollar is nearing the 50 day ema, which has p...Cash dollar is nearing the 50 day ema, which has provided support/resistance for the last year.<br /><br />What are your thoughts on Seabridge Gold, which is coiling?Anonymousnoreply@blogger.com