Just sold the SLV. Bot for 9.7 and sold for 10.1 so a win's a win, but I can't help feeling a bit annoyed this time as I thought SLV would run straight to $11 this time and score me a homerun. It's good to examine these feelings of frustrated greed and see them for what they are, though. Everybody gets them and if you ignore them they'll eventually cost you money.
Volumes have been light in the junior world all morning, and that's not good. Not good at all. It means if you have positions the day for taking profits was yesterday. Examples:
Amongst the bigger boys, copper sisters PCU and FCX both down 7% today. The beta displayed by those two stocks recently has been impressive, both to the upside and the downside. 10% days hardly raise an eyebrow any more. May you live in interesting times, eh....
Volumes have been light in the junior world all morning, and that's not good. Not good at all. It means if you have positions the day for taking profits was yesterday. Examples:
- DNT.to 500 shares (five hundred!)
- FVI.v 61k shares (after trading a million Monday)
- DMM.to 19k shares (after a great run, too)
- CS.to 24k shares (Capstone has recovered a lot of ground)
- MTO.v 18k shares (fits and starts in this stock..earnings report out next week)
- GRZ 25k shares (though intriguingly up 12%..check the posts below)
- FAN.to 65k shares (another that's coming off very low lows...watch Zn price on this)
Amongst the bigger boys, copper sisters PCU and FCX both down 7% today. The beta displayed by those two stocks recently has been impressive, both to the upside and the downside. 10% days hardly raise an eyebrow any more. May you live in interesting times, eh....