SOLD SHSH $.119 and JAG $6.45

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I'm really not sure how much higher gold will go before this daily cycle peaks (if it did not peak already today).  So, I wanted to take some gains off the table and put them back into my account for another day.
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I bought Shoshone Silver Mining Co (SHSH) 4 days ago and as it got a nice pop today I decided to sell and move on.

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Click on the charts to ENLARGE.
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I have been holding Jaguar Mining Inc. (JAG) for what has seemed like eons.  Actually, it has been about 5 weeks but for me, that is eons.  Anyway, it started losing steam over the past few days and what gain I waited so patiently to capture was beginning to disappear - so I put in the sell order and said good-bye.
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My TSI trading record has been updated and now stands at 305.9% in three months.

SOLD SILA $0.94 BOUGHT KBX $0.85 MQCMF $0.91

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I sold one position today and bought two new ones.  For each of my (9) positions I have a GTC limit order in place, as I am not able to watch the action during the day but for 35 minutes. 
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My sale today was of Silver America Inc (SILA) at $0.94.  I bought this position just two days ago and as luck would have it, my GTC limit order executed at the high of the day for a juicy 23.7% gain.  It continually amazes me how well the True Strength Index (TSI) and Money Flow Index (MFI) indicators, combined with a positive ZERO TSI crossover and a positive divergence in place, provide a very powerful BUY signal.  You can look at the setup as I posted it a couple days ago.
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Click on the charts to ENLARGE

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Kimber Resources Inc (KBX) was my first purchase today at 85 cents.  I may have been a shade early on this buy, as the TSI is just barely showing a breakout on this 4 hour chart, and the  MFI has still not broken out.

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Mosquito Cons Gold M (MQCMF) was my other purchase today at $0.91.  Cute name for a mining stock, huh?
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Basically this one, as with SILA a couple days ago, has the whole tamale in the tortilla.  Trend line breakouts of both the TSI and MFI, positive ZERO crossover and a positive divergence in place, if that was not enough.
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You may have noticed that I am experimenting with using the TSI (7,4) purple line overlayed upon the TSI (25,13) blue line.  I have a hunch I am working on and if I figure something out it will give me something else to write about.  :-)
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My TSI trading record has been updated.

SOLD ZSL $26.28 BOUGHT SHSH $.11 NGD $6.08 CMIN $.39 SILA $.76

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Before the market opened I knew my Proshares Ultrashort Silver (ZSL) position was a dead duck so I put in a limit order and thankfully was taken out at $26.28, sustaining a modest 1.6% LOSS.  


Click on the charts to ENLARGE

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In my 35 minutes of free time today while the markets were open, I furiously went on a hunt to find some candidates to replenish the stocks I sold yesterday.  This first daily chart is of Shoshone Silver Mining Co (SHSH).  This particular setup has a lot going for it.  The True Strength Index (TSI) indicator and Money Flow Index (MFI) both have trend line breaks.  The faster (7,4) purple is already flying above zero, yet price has been curiously consolidating sideways for 7 weeks.  I have a tendency to sell too soon sometimes, but have a GTC limit order in for 14 cents - once this thing breaks to the upside.  A 30% gain would be fine with me.  This should work out.

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The second daily chart is of New Gold Inc (NGD).  There are no trend line breaks or positive divergences on this chart.  BUT, check out the cup with handle pattern.  Doesn't this thing look like a diving board about ready to rocket launch?

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My third chart is another purchase for me of Constitution Mining (CMIN) at 39 cents.  This stock has been cut in half in literally 4 days. Common, give me a break!  No company deserves to be cut in half that fast just because they want to raise some working capital.  The sellers are possessed of irrational fear and well, I just have to take their shares from them and keep them in a safe place until they want them back at a higher price.

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My fourth and final purchase today, mind you in 35 minutes time, was Silver America Inc (SILA).  I've been watching this one and waiting for it to setup and, well, I think its there NOW.  Everything is in place, but the kitchen sink.  LOL  TSI and MFI breakouts, ZERO crossover almost, and nice healthy positive divergence in place.
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As we had breakouts today on both gold and the mining index, I think this is the time to be fully loaded and ready for action. 
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Off the record, I did buy a futures contract to short the US Dollar at about 5 am this morning and so far it has made a 75% gain on the funds I used to purchase the contract.  I plan to add a second short contract on the US Dollar sometime soon.  Also, I purchased one long futures contract on Gold.  By the time I got to my computer at the noon hour, gold had already made its big move, so that position is minimally underwater - but I do not think for long.
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My TSI trading record has been updated.

SOLD CGC $3.50, CFMSF $4.10, PLG $1.91 BUY CMIN $.46 ZSL $26.70

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I made three sales on Monday and two purchases.  I was leaning toward the idea that gold and silver would take  a little breather and so I took some profits, did some bargain shopping and bought a hedge supporting my idea.
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This first daily chart is of Capital Gold Corporation (CGC) which I sold for $3.50.  It appeared that the indicators were likely to give me a sell signal, I had some profit and put it back into my account.

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This second daily chart is of Clifton Star Resources (CFMSF).  As with CGC, my decision to sell was based more on my desire to take profits and put the money back into my account, than some extremely convincing sell signals.

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This third daily chart is of Platinum Group Metal (PLG).  Same story as above.

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The first purchase I made on Monday was of Constitution Mining Corp (CMIN).  This stock is a great example of why these penny stocks are so unpredictable and volatile.  The company announced that it was diluting shares to raise cash.  The stock had been declining mysteriously for days, but took a full deep water nose dive on the news when finally "made public".  I think at one point this stock was down some 35% - talk about over reaction.  Personally, I think someone knew a lot more than the rest of us days and days ago, and had the resources to short the daylights out of the stock - with the plan to cover the shorts on the predictable panic.  

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My other purchase was of Proshares Ultrashort Silver (ZSL).  This is that hedge purchase I alluded to in the opening paragraph.  Watching things overnight I would imagine this purchase will not be profitable, as silver looks like it is going to scream higher from here - especially with the US Dollar seemingly collapsing.  I did not have a clear buy signal, but one appeared to have imminent odds of appearing.  Maybe next time I should wait for the signal, you know?
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My TSI trading record has been updated.

Bought CMIN - $0.635

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Just one purchase today, and no sales.  This is a daily chart of Constitution Mining Corp (CMIN).  I took an initial position today at $0.635.  This is another company that I know very little about.  However, a couple of things intrigued me about the setup.  My hunch is that this is a stock that is somewhat 'manipulated' - meaning that it suffers from bouts of heavy short-selling and then furious covering.  The price action back in late July suggests this possibility to me.  If true, as now there is a considerable positive divergence built up with respect to the True Strength Index (TSI) indicator and price, and price has been pushed through the lower Bollinger Band, it appears this thing is spring loaded for a nice ride to the upside.  Indeed, the last time this happened the stock appreciated over 50% in a little over one week.
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Click on the chart to ENLARGE
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My TSI trading record has been updated.

SOLD DROOY $4.33 - BOUGHT CFMSF $3.95 ANO $.91 PLG $1.87

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I sold one position today, added to a couple of existing positions, and added a new miner.
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This is  DRD Gold Ltd Adr (DROOY) which I sold on a blind limit order at $4.33 today.  The stock continued to close higher today at $4.40.

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This daily chart is of Anooraq Resources Corp (ANO).  I added to my existing position today with a new purchase of shares at $.915.  ANO currently has a trend line break of both the True Strength Index (TSI) and Money Flow Index (MFI) indicators, as well as a ZERO crossover.

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This daily chart is of Platinum Group Metal (PLG).  I added to my existing position today with a new purchase of shares at $1.87.  PLG, like ANO, illustrates my ideal BUY setup, which includes TSI and MFI breakouts and a bullish ZERO line crossover.

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My final purchase today was of a stock I have not previously owned.  This is Clifton Star Resources (CFMSF).  I don't know anything about the company, to be honest, but I did take a shine to the bullish buy setup.
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My TSI trading record has been updated.

SOLD CLHRF $.38, CDY $1.25, PZG $141 BOUGHT PLG $1.83, OSKFF $12.75

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I made three sales today and two purchases.  I am finding it extremely difficult to trade for the correct entry and exit price when I am only able to see a computer for 30-45 minutes a day.  I don't like this feeling that my hands are tied behind my back.
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This first sale was of Coral Gold Resources (CLHRF).  In this seemingly run away environment, the upper Bollinger Band is penetrated by most nearly every mining stock, yet this usual quasi sell signal is not stopping the bull from crashing right through this or any obstacle in its way.
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Click on the charts to ENLARGE

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My second sale today was of Cardero Resource Corp (CDY).  It appears I got something close to the high for the day - dumb luck, let me tell you.  I just have to guess at these limit orders before I go to work and then take whatever happens and try to keep going.  I have one remaining position in CDY and I hope to sell it when Gold reaches $1300 in a few to several days.

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My third sale was Paramount Gold Mining Corp (PZG).  Another miner up quickly into the upper Bollinger Band.  It would not surprise me if this stock just keeps going.  Indeed, it closed up higher than my sales price but for holding 2 days, I can't complain with a 7% return.  

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Two purchases today, not very well timed, I should add.  First, this is Platinum Group Metal (PLG).  As platinum has not 'taken off' like gold and silver, these platinum stocks are still in a workable technical situation for me.  PLG does have a MFI breakout on this daily chart and with a single day of good price movement, will also have a breakout on the TSI.  The stock has recently been $2.10 and $2.20 and I have little doubt that it could achieve something close to that in the next many days.

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Finally, my other purchase was of Osisko Mining Corp (OSKFF).  This stock has nearly doubled in the last 8 months and rather than be concerned with the TSI stuff, I like that it had tested the previous peak of $12.00, had pulled back and was probably a good candidate to buy and hold if it does not start to move right away.  It certainly is not overbought as most everything else is, at this time.
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My TSI trading record has been updated.