"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Saturday, January 12, 2008

A full technical look at GSS

Sometimes I need to take a break from the macro-fundamental mental masturbation and just look at some stocks. GSS is one that I own in all accounts and is also one of my entries in the SINLetter stock picking contest... WHEEEE!! or should I say wii (that's one of the prizes - anybody know WTF that is?). Regarding the contest, you know and I know that I am just hitting the gold run (current % would be even better if they'd allowed my original pick, YNG.to instead of PAL) and stock market top (AMZN short) and when the contest ends in 3 mos. things could be different. Anyway, here is Golden Star, a company I feel is improving fundamentally in slow increments and certainly has been in the kind of technical set up I am always interested in. Here are daily, weekly and monthly views for a nice comprehensive picture. No recommendation as I bought much lower. Edit (9:39) On a related matter, see post and thoughts on the high profile bearishness cropping up in gold (CoT chart included).



4 comments:

  1. Nice charts but the company sucks, dood. One of those that always seems to snatch defeat from the jaws of victory.

    Meanwhile, i have U$50 on Green Bay to beat the 7.5pt spread. Half time and up by 11..Go cheeseheads!!!

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  2. Who's that safety Bigby? The guy is possessed back there! Kind of a Bob Sanders Jr.

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  3. well that just bought the wife and i large steak dinners, dood.

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  4. Try Goldstar down-under.

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