Just Nibblin' (on TK.V)

Got a little more Tinka when it dropped below .80 per the plan.  Should have waited as it went as low as .67 the next day, but my order (2%) filled at .77.  I was glad today to see it up a bit, but since most other miners were down, I'm curious to see if the old pattern of lagging a day behind the mining sector still holds for good old TK.V.  I wasn't bold enough to buy anything else just yet, but I'm watching the stock market for weakness.  Hopefully if there is a top soon, the big boys will begin to rotate back into PMs and miners.

Here's the Tinka chart:

Muppet Miner Positioning and Updates

It's been a month--so I decided to put up some numbers I'm watching.  I've not been trading actively during that month, but contemplating how to trade more methodically.  To that end, I've made myself a spreadsheet with the miners I'm watching, most of which I've traded in the past or still hold.  Currently, I have small positions still in TK, SWD, and SLW.   I will be posting the sheet from time to time--most likely on days when I adjust a price target or buy/sell. 

I'm still nervous about miners because of bullishness I'm reading on the message boards.  However, I will start to reenter in the near future--the above are first tranche prices only.

The Gold:HUI ratio is starting to look better, at least based on the MACD and the declining oversold RSI.

 

On the other hand, the Dow:Gold ratio still looks to have momentum, despite it uber-stretched position over virtually all of its weekly moving-average indicators.  I took profits on my limited involvement in stocks back in February, so if I had some more, I would definitely be well into trimming now.  This ratio is ridiculous, if not historically so...