Tuesday, August 27, 2013

Buying and Selling

Sold positions from August 8 today, including SLW, AGQ, and GDX.  I also *bought* more Tinka today at .69.  I will be looking to reload after a correction, and will post when I do.  Endeavor has been doing GREAT, but I'm not sure if it will have the most gas left. 

Happy trading! 

Friday, August 9, 2013

Leaders Today

Here is a quick list of the leaders I'm watching:  First Majestic, Endeavor, PanAm, Silvercorp, Silver Wheaton; and for juniors, Scorpio and Alexco are doing well.  Stops have been moved up on yesterdays large positions in GDX, AGQ, and SLW, so unless there's some major premarket action, should profit at least 6% on the miner positions.  Tinka did move up today, but only to .74, so I could not excersise my exit target of .75.  SantaCruz is down slightly, but this is a move down from the upper BB (10,1.9) about halfway to the 10dma.  Not worried (yet).

Thursday, August 8, 2013

Buying Today

Like many other PM watchers, I was a buyer today.  I bought SLW, TK.V, AGQ, SCZ.V, and GDX.  I have stops on the larger positions (SLW, AGQ, GDX) but not on the juniors.  Tinka seems to have reestablished it's pattern of lagging a day behind the mining sector.  Tomorrow will test this. I bought at .69, and will sell this tranche when (if?) TK gets back to .75, which would represent an 8.7% profit.  Fine by me. 

SLW looked glorious today: