daytrade diaries... february 1 part 2, page-124

  1. 9,188 Posts.
    Great day on the dow last night...

    Biggest mover was GOLD and so i expect GOLD STOCKS TO PERFORM BEST

    Gold was up $21 last night to over $1,100. An great effort and a very bullish close.


    2 gold stocks:

    FML: we al know it. I could bounce 10%+ today. Oversold on all indicators. Was only at 7.8c or so a few days ago.

    RSN: Very cheap, small penny. Two largets shareholders and Chairman big hitters. Chairman Executuive Director of AOE for over a decade. Both recently added larger positions in the company. Has Coal Seam Gas assets in addition to Gold. Was recently trading at $0.011. Bargains here. Could be a 3-4cents multibagger this year.


    ARO: VWAP yesterday was 1.5c. If not for mkt correction yesterday, close may well have been 1.7c+. I expect move back up to 1.4/1.5c. Great volumes yesterday.


    Good luck but i think its time to buy those bargains today!



    Regards,
    followme
 
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