daytrade diaries... september 10, page-4

  1. 5,331 Posts.
    morning guys,

    looks like the rally that just won't end continues to roll on, so for now its important to stay with the momentum.

    as I suspected yesterday morning, gold continued to pullback once it failed to hold the $1000 level, in the short term it may retrace a little further but ultimately will provide an excellent entry point.

    will be interesting to see how much is left in the tank for stocks such as LEG,ATI,TAM that have had stellar runs recently.

    uranium is firmly back in focus thanks to PDN's capital raising yesterday which has lit a fire under the sector as speculation mounts who PDN has there eye on.

    I bought some DYL yesterday as PDN already hold a nice chunk of the company and would make a logical target.

    some others worth keeping an eye on BMN,EXT,MRU,AGS,PEN,BLR maybe not all takeover targets but could build some momentum.

    finally keep an eye on one of tweety's favourites GBZ, who are currently awaiting assay results from their Brightlands Copper project which is situated 2km south west of CDU's Rockland's, there has been some very strong accumulation between the 24-26c level in the last week.

    also the options GBZO are trading at a significant premium to the heads by as much as 50% which would indicate someone believes some big news is on the way.

 
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