Thursday, December 2, 2010

Selling HUI, SPX

2 units of HUI @565
1 unit of SPX @1219

justification: Selling volume keeps steady in spite of last two day's bull rally.
It means smarts sell in the background and pass their stakes to smalls.
I am not buying, rather going cash.

RUA 1-day

I expect one more, final re-test towards 1180s. I did not say that will happen, but normally, after days like we had yesterday and today selling volume should drop to zero.

When that is done, and selling volume is steady zero, I will start to buy.

Somne charts EOD.

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