3SOF

3 July, 2006

GDX is rising on above average volume. I expect it to continue its march and make new 52 week high. GDL is also moving nicely.

Long GDX, GDL.

Goodluck all.

4 July, 2006

I think it makes even more sense to jump onto precious metals like gold now. It may be just start of the money coming to this sector.

Long GDX and GLD

Goodluck all.

16 July, 2006

GLD chart is screaming break out.

17 July, 2006

Its one of those days when I am off from work and can actually trade real time. Sold CHDT at 0.22 [this can go even much higher from here but I want to eat my lunch].

Bought some more GLD.

Goodluck all.

19 July, 2006

I have quite a position in GLD and most likely I will be stopped out by tomorrow. Its tricky out there.

Goodluck all.

stocky,

Gold got oversold short term then rallied back up above the 38%, 50% then 62% Fibonacci to to top Bollinger band so is now pulling back again. This time of year until September is traditionally weak for gold. Gold also traditionally will tag the 65-week moving average and that has been an excellent buy point. The 50-day EMA is worth watching as it may again put in a shorter term bounce there or it may at that time not be ready to touch the 65-week, It depends on the position of that moving average at that time.

21 July, 2006

Thanks metro for the input.

I am quite bearish on the market. Bought some QID today. It seems like I will part with GLD soon. Good thing is that finally I may have some access to market for the first 25 min of morning. Also did DELL day trade.

Goodluck all.

25 July, 2006

I was stopped out of GLD, QID and MZZ yesterday. I am bit more timely on my blog
http://randomtrader.blogspot.com  then here. Anyway, I would like to buy back GLD if it comes near 60 level again. Also made a buy in AVCI and CHCI. I may add more AVCI if profit taking takes place.

Good luck all.

26 July, 2006

More then doubled my stake in AVCI today. I will be buying more if it shows any weakness.

Goodluck all.

28 July, 2006

Added more AVCI today.

2 August, 2006

AVCI has continued its powerful advance today. I think it will soon challenge 11 and then onward 15. I think its still time to start position in AVCI.

Goodluck all.

4 August, 2006

AVCI is seeing some profit taking. I have put stops to protect my profits. The market action today seems to prelude weakness ahead of Fed.

Stopped out of AVCI near 9. Made a losing day trade on MZZ.

Sometimes I feel that its better if I am at work rather then watching ever ticker on my day off.

Goodluck all.

23 August, 2006

Got some ACTC at 78c, sold half at 1.49 and now regreting it.

25 Sept, 2006

Though madly chased ACOR and TRT are even cheaper at these levels. I am long ACOR from 6.45 and TRT from 8.82.

Goodluck all.

8 Oct, 2006

I am out of both TRT and ACOR after rip riding with them for a while. Though my position in each of them was really small I had modest gains. I do think they may have lot of steam left but I dont want to leave the profits on the table. At the moment I am holding CRIS and GNVC for short trade. I think momo will be strong and small caps will outperform the big and mid caps at this frenzy stage of market upswing. 3SoF has skillfully ploughed back and I think with the kinds of current picks its going to see new highs.

Goodluck all.