AddThis

| More

Tuesday, March 30, 2010

THE PAINTED PIG'S TUESDAY MORNING TIPPERS

THE PIG IS A GREEDY ANIMAL BY NATURE. BUT EVEN THE PIG HAS LEARNED, THAT WHEN YOU HAVE A 50, 75, 100% PROFIT, YOU TAKE SOME OR ALL OFF THE TABLE. A READER WROTE TO ME ABOUT THEIR $5000 PORTFOLIO GROWING TO OVER $80,000 IN A SINGLE YEAR BUT WITHIN A MONTH HAD DROPPED TO LESS THAN $45,000 BECAUSE OF SIMPLE AVERSION TO SELLING. DON'T GET CAUGHT UP IN THE EGO BUILDING EFFECTS OF SUCCESS IN TRADING. THE PIGS ADVICE......TAKE SMALL TRADES AND MAKE TIDY LITTLE PROFITS AND ALWAYS MAINTAIN THE COMMON MAN MINDSET. THIS WILL KEEP YOUR FEET FIRMLY ON THE FLOOR AND YOUR HEAD FIRMLY AFFIXED TO YOUR NECK....WHERE IT SHOULD BE............OH AND THE PIG ?....HE WAS THERE AT ONE TIME SO HE KNOWS YOUR PAIN.

ON WITH THE SHOW....






GDX.V...NO REAL STORY YET ON THIS ONE BUT SOME LARGE NUMBERS TONIGHT.
ACCUMULATION AND DISTRIBUTION OFF THE PIGS CHART, MOMENTUM AND MOVING AVERAGES FOLLWING CLOSE BY. SMELLS LIKE SOME NEWS IS NEAR. STRENGGTH IN NUMBERS TELLS THE PIG SO.







AZX.V...THE PIGS A BIT LATE TO THE GAME ON THIS PIGGY. THE SCANNER SOMETIMES MISSESS A GOOD THING. WE HAD IT ON OUR SCANS OFF AND ON FOR A MONTH AND THEN IT DROPPED OUT OF SIGHT. THEN BANG, BACK WITH A VENGEANCE. SO WHY NOW ? WELL......ITS SCANNED VERY HIGH TONIGHT AND LOOKS AS THOUGH A MAJOR MOVE MIGHT BE IMMINENT. IF IT BREAKS ITS 52 WEEK HIGH AND COUPLED WITH A DECENT NEWS RELEASE, IT COULD DOUBLE FROM THESE LEVELS.




No comments:

Search This Blog

Followers

About Me

30 Years of experience in the markets, including some time as a broker.