Wednesday, November 18, 2009

TSX Composite breakout

The TSX was about to make a triple top at the 11,500 range but has broken out quite nicely over the past few days. See the following chart:



Notice the triple top was in a slight downtrend. The first top at 11,585 the second at 11,533 and the third at 11,486. However, in the past week, the TSX has soared to a close of 11,652 today. This breaks the previous downtrend and I see the TSX going up strongly from here at least temporarily. Watch for the TSX to reach the 12,000 range. I suggest picking up some HXU:TO for 2x the move.

Thursday, November 12, 2009

Quadra Mining Looking attractive (QUA:TO)

Get ready to back the truck up on this one. Today we see QUA trading below 13.50, it is a good time to start stepping into the stock slowly and finalize your position in the 12$ range if we get there! Good luck on this one.

Tuesday, November 10, 2009

Quadra Mining (QUA:TO)

Quadra reported ok earnings... nothing special. Sold on Monday. Looking for a re-entry point near low 13's high 12's if we get lucky!

Sunday, November 8, 2009

Quadra Mining Q3 Results Monday (QUA:TO)

Stay tuned for Quadra Mining Q3 results on Monday. With gold and copper prices having risen so much lately, we could see a strong boost in earnings for this company. I had previously said to buy this in the 11 dollar range and sold at 15.50. However, there may be a reason to get back into this one if the results are really good!! Keep an eye on this one!