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).