a few imobut no 1 has to be sentiment & better market condition...

a few imo

but no 1 has to be sentiment & better market condition in Q1, traditionally a strong period for spec stocks

aint rmx a live proof of that?

also general sector bounce, RMX's effect rubbing off on other gold/resource specs, charts, sellers flushed out for big loss since 7c rasiing etc (of course red heart rampers like me could also be another reason LOL

here is my post in Dec

it's just one big cycle, merry go round

http://hotcopper.com.au/post_single.asp?fid=287&tid=2155974&msgid=12701106#.Us906fbIp7w

re: daytrading dec 13 afternoon (treasurehunter) HotCopper Top 40 Favourite Poster - click for more details
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Reply to: #387167 from shantaram Views: 659
Posted: 13/12/13 15:45 From: 115.188.xxx.xxx
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hi s(h)anta lol,

im still around, just not spending too much time in front of screen all day.

no points forcing trades in low volume few opportunities environment

there are generally two good cycles in a year that a trader should really be taking advantage of

the rest of the year I just cruisse along & spend profits (hopefully)

Jan-mid Apr is usu the time of the year that I hunt around for multibagger runs & I have found Dec to be a good month for getting set in general rather than trying hard to make daily profits.

ideally would v loved to see another week of hard selling, then a bit of santa rally to stabilize things for the 2 weks around xmas & NY. then a couple of months tracking up in the NY so fundies can smash it hard in May/Jun. reckon next year's sell in May is going to be a REAL sell in May.

hopefully historical patten repeats but always keeping an eye for any sudden change tho & act quickly,accordingly.

had a few thoughts after the recent bio sector run

1. one sector that I will be watching closely in the NY is clean tech sector

2. expecting a few more shells finding their way into tech/biotech sector. reckon it's a bit too early to say the mini bubble is done. woulda thought in the middle of a full on bubble, there woulda been many resource companies converting to tech, but atm SPA has been the only resource to tech convert. may or may not happen but worth keeping an eye imo

3. will also watch for potential gold sector bounce plus effect being rubbed off on a few quality resource companies, just like the bounce we had this year after the heavy selling into end of Jun. lift in overall market will give the oversold sector a generous bounce, so if Jan - Apr indeed repeats historical pattern, this could be a trading strategy to watch for

tho I wont expect much, just a reasonable bounce. if overall market craps itself tho, well....good luck.

have a safe & happy xmas everyone, I be back full time early in the NY