March 27, 2014



1.    Many junior stocks rallied 100{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9} to 300{7d2759035a2769ee7a6afa7c646e6642b67314b0cd0e17ac0c6ae4f965ff87d9}, from the December lows.  There were a couple of ten bagger events.

2.    When a stock rallies a thousand percent, which can be the equivalent of 50 years of Dow gains, and does it in 2 months, perhaps you should be prepared for a little pain after that?

3.    Please click here now: http://www.gracelandjuniors.com/images/stories/14trinijr/2014mar27gdxj1.PNG  That’s the GDXJ daily chart.  I’d rate the h&s bottom pattern about a 2, on a scale of 1 to 10, with 10 being the best.

4.    Gold is not arriving at major HSR on a first touching.  Your first touching is always your best touching, because it’s when fear is highest.

5.    As you buy there, very strong hands are buying there with you.  With each subsequent touching of that HSR zone, more weak hands begin to buy, and more capital is applied to them, generally based on theories about why gold must surely rise after they buy.

6.    Gold is near to minor trend HSR at $1280, and so some light GDXJ and individual junior stock rebuying can be done here.

7.    It’s not a place to apply new capital, and certainly not a place to tell stories about why gold must surely rally now.

8.    All fundamental eyes must be on the Indian election, Chinese monthly import numbers, and on US money supply velocity numbers.

9.    If you sold nothing at a profit on the $1180 - $1392 rally, then you certainly shouldn’t be a buyer of anything now.

10.We all wanted to see gold make it to and above $1432 before a hit occurred, but it didn’t happen. 

11.The tendency of amateur investors in these situations to try to trade faster now, thinking, “I should have sold everything at $1392, and I’ll get out faster next time!” 

12.That mindset doesn’t build wealth.  It destroys it.

13.Please click here now: http://www.gracelandjuniors.com/images/stories/14trinijr/2014mar27mux1.png  

14.That’s the MceEwan Mining daily chart.  Technical indicators are oversold now.  I don’t care which burned out price chaser thinks junior gold stocks fell “too quickly” on this hit, and which one screams, “just make the pain stop!”.

15. You can’t know if price will move a lot as indicators move back towards overbought, or only a bit.

16.All you can know is that the stokeillator “tide” has come in, as it always does after it goes out.  On MUX the lead stokeillator line is at 7 now. 

17.Only a moron looks down now.  If the tide arrives at the beach, do YOU engage in a contest to see how many more inches it moves in, or do you look out, and anticipate it moving out?

18.Look up when you least fell like doing so.  NOW is the time to ready gold-bullish analysis that was put out in the $1360 - $1392 zone by various well-intentioned gurus.

19.A lot of their analysis is big-picture solid, but you damage yourself by focusing on it when all feels great.

20. Gridtime!  Let’s hit the grid now.  There are lots of junior stocks that have sold off significantly here.  I’ll sending out some alerts in a couple of hours on them.  Chindia has your back, as I told you they do.  When their top dealers hand you a vomit bag with $1300 marked on the side of it, my suggestion is to tell the Western gurus to take 2 aspirin, and call you when the stokeillator tide comes in.  Guess what?  Correct, it’s in now.


Kirk out




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