The loss was 10+%. That’s the “ignominy” part. The “not really” parts are that a) the loss was steeper before this market correction and b) SPY was too blunt an instrument, as I picked the absolute worst thing to be short (outside of Semi, Tech and the Consumer sectors) as this pig simply rotates its sectors when things start to weaken. Now that we’ve got … Continue reading SPY short covered in ignominy, but not really
I thought that this issue was left long in the past because I divided the subscriber list into bite size groups of under 100 to avoid being flagged as spam. But today I am having trouble getting today’s update out to a sizable chunk of the subscriber base. So for now, please use the password that came with Sunday’s report email to access the update … Continue reading Attn: Subscribers… Email issue [w/ edit]
While several individual miners (e.g. WDO.TO, KL from my holdings) are doing better than the sector itself we used the HUI/Gold ratio as a guide when it was bullish and we need to use it now, as it turns bearish. Of course we’ve been noting a turn to bearish for the sector since the February high, so this is a bit of a ‘Captain Obvious’ … Continue reading NFTRH; A signal in Precious Metals and other thoughts
So yesterday I touted a great win (40%+) with Control 4’s big time upside on a buyout. I was very smart. Today I report to you a disappointing loss on TRXC (28%) after buying it recently on a downside gap fill. I am very dumb. As you know, I hate it when people (esp. gold community people) tout the good times but conveniently forget their … Continue reading In the interest of fair reporting… TRXC
