This pop up rally is good enough for me. My view is it has gone far enough for now. Not saying I am right, however my accounts have now reached the peak levels from the August highs (helped by the uranium surge). I bought major positions in PVG and MUX at the lows in December. These stocks tend to correct down violently and I figured I have pushed my luck far enough. I place a huge amount of respect in Rambus’ objective analysis and am allowing for the downside scenario to play out. Not saying it will happen, but I would like to see a more solid broad bottom build out before a sustained move to the upside.

I am however holding fully deployed positions in core holdings. These look fine and I am particularly excited about Scandium Intl, where I hold an institutional sized position.

I am holding and adding on pullbacks to my Pebble mine project (NAK). This is very risky however as it has recently been picked up as a Marin Katusa pump. It could someday turn into a dump.