Thursday, January 18, 2007

There's Always a Bull Market Somewhere

Markets are selling off, but not this guy

Read Full Post.....

I did buy Fronteer Development Group (FRG), but not in my trading account, so I won't log it in the Trading Performance. The above chart actually shows a hammer reversal pattern, followed by a nice V-shaped recovery from the selloff at the beginning of this month. FRG is breaking above the significant resistance level set back in Nov/06. Plenty of buy volume is coming in, so this should last at least another day.
A couple select (Canadian) Uranium companies are doing well today -,, both receiving plenty of buy volume.

No comments: