I'm thinking of you!!!...
That reminds me. Will start thinking about spring planting season for my popcorn patch soon!
It says "stay away".
If/when we cross north of the 50 day I'll post again. And the message will be "not yet". I want the 200 day.
Hope you are making money elsewhere. Good luck all.
You have a great thread here.
That 50 day MA isn't going downhill quite so much these days.
Although it might be early would you consider updating your list?
I went through a process last fall where I began to get away from studying and keeping a list of individual miners, and shifting over to ETF's only. It began here:
Came to full flower here:
More discussion of ETF's versus a List here:
I've been all over the blog recently talking up moving average timing systems. Most recently and thoroughly at Pailin's Corner here, and for several follow up posts after.
Related posts on this thread are here:
and here, just above:
So, no, there won't be any more lists of individual miners from me. As for the ETF's, yes the miners spent a week or so above the 50 day recently, but appear to have failed once again. That is the problem with the 50 day. It is for the brave and the bold. The choice to go long at the 50 or at the 200, or somewhere in between, is a personal one. Do some backtesting, assess your own personality as a trader and risk taker, and take your pick.
I'm waiting for the 200 day on GDX. I'll be long above the 200 day, in cash (or elsewhere entirely, as I've been all year) below it. And importantly, I'll only check for signals once or twice per month. Certainly no more than weekly. Fewer whipsaws that way, which are killers. See one of the follow up posts at Pailin's Corner for more on that subject.
Also, I'm not spending much time on the blog anymore, so I suspect there won't be any more updates from me on this subject. Folks can track moving averages for themselves easy enough.
Good Luck everyone.
Lovely piece, both art and music. Our son as a young boy loved Fur Elise.
@Eric : What you did already kicked ass
Appreciate your multi-linked reply.
hope this helps
Precious Metal Mining ETF's are what Eric allowed to emotionally disconnect from individual miners and eventually leave the scene as PM miners were in a tailspin. It's also a prudent step in for any investor with limited capital to invest and/or time for a proper due diligence on miners.
At the other hand the scene of PM Mining ETFs has become more crowded as well, despite the miners plunge. I therefore wrote following benchmark study:
Some nice memories on this thread.