Goldtent TA Paradise

PMs

1. Fullgoldcrown says:

   April 8, 2017 - 11:04 am at 11:04 am

   Mixed Bag. 2017 the year of the Chop

2. North says:

   April 8, 2017 - 11:07 am at 11:07 am

   It does seem that way right now.

3. Karl says:

   April 8, 2017 - 6:41 pm at 6:41 pm

   I just went through charts of about 40 that I own. I have to sell some in order to make a purchase or two. I looked at both the 5 year timeframe and 3 month time frame this time, the charts plus a few squiggly line derivative thingies, different for the different time frames. (Time frames arbitrarily chosen–I use different sets of ones each time I do this sort of thing.)

   I take as a given that most of them are supposed to look overall horrible for 5 years–but on the 5 year chart I’m mainly looking at how they look more recently–and I combine the results with those of the 3 month timeframe charts–

   As many as perhaps a half dozen have just been zooming up in amazing fashion. 2-3 illiquid unknowns look like great buys possibly ready to burst up. Some more look like ok to buy if you have plenty of money. Most of the rest have charts that suggest that one has to be buggy to want to hold them now (I will hold). These ones are neither here nor there or slightly good. A handful look just plain horrid–or worse. (I used to supply numerical ratings to each on a spreadsheet and count them up–that sort of thing–but haven’t done for a while so I’m not even able to easily give you # of stocks much less average ratings.)

   I haven’t looked at the list of stocks that I don’t follow as closely, but I’d guess they look worse in general.

   So yes, mixed. The few that have (so far) done really well are holding things up while the rest of them have sagged and sunk.

   • North says:

     April 8, 2017 - 7:19 pm at 7:19 pm

     Thanks, Karl. That is interesting. I got into a few recently that seem to be holding up. And I have noticed that on quite a few of the PMs that the OBV (on balance volume) is good and the money flow has been improving for about three months.

     • Karl says:

       April 8, 2017 - 7:47 pm at 7:47 pm

       OBV was one thing I looked at on the 5 year charts (nor the 3 month ones). It did look ok on a number of them, especially if I include tendency towards change in OBV.

       Not included in the ~40 I looked at were a handful of ones I didn’t bother with since I know I’m not selling for this or that reason. I expect these have generally done well and would look good. These would include Private Placements via Spock that I can’t sell (nor would I want to).

       At the end of the quarter I updated the value of my ‘rocks.’ To my surprise, though most of them had done poorly the overall number was not too bad compared to last year’s highs just because of a few lucky hits in the right places. As you wrote more succinctly, ‘I have several PM stocks that are bullish not bearish. ‘

4. Plunger says:

   April 9, 2017 - 7:01 pm at 7:01 pm

   Well of course you do, if you didn’t the indexes would be going straight down. I also have 100 lottery tickets in my pocket and I just bet one of them is a winner.

   Come on man show us your stuff.

5. North says:

   April 10, 2017 - 9:15 am at 9:15 am

   test

   • North says:

     April 10, 2017 - 9:18 am at 9:18 am

     Plunger, keep your snide comments to yourself. I have posted charts and commented on individual stocks. All free of charge. My PM portfolio is up 40% this year. Not bad stuff, man.