"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

Monday, January 10, 2011

Uranium

I would rather buy at the bottom of a falling wedge than the top of one.  Back in the URA fund for maybe a trade, maybe a heartfelt hold.  As yet, undetermined.  I am also watching a few favored U's for re-entry after what I believe is an oncoming broad market correction, pending possible '5' up in the broad markets and relief rebound in the PM's and commodities.  http://www.biiwii.blogspot.com