Jump to content

Red Underwear, Contd.


Guest

Recommended Posts

Reading Deil Take the Hindmost, apt quote regarding South Sea: Speculators did not buy bubble company shares as long term investments; they bought them with the intention of selling them on to greater fools. In a very short time, they were to discover that there were no greater fools in the market than themselves.

Link to comment
Share on other sites

  • Replies 211
  • Created
  • Last Reply

Yosh, on a daily chart, SLGFL is significantly less overbought that most other gold stocks - mostly, because it already had a correction. Look at Stochastic, Bollinger bands and 14-day CCI, Williams %R and StochRSI. None of them is extremely overbought yet.

 

Of the others that I follow, only FCX and KRY aren't overbought yet. Well, and perhaps MDG, GPXM and CUSIF.

 

Oh, and CAU's chart looks like hell - what is happening to that one?

 

Regards,

Vesselin

Link to comment
Share on other sites

Charmin, SA stocks benefit from a weak Rand; not from a weak dollar. The idea is that they produce gold by investing local currency (rands) but sell it on the international market for dollars.

 

Regards,

Vesselin

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

Guest
This topic is now closed to further replies.
  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...