"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Thursday, March 19, 2009

TGB - NFTRH trading stock

TGB is one of my favorite trading stocks because a) I think copper is getting the infrastructure/make-work pump in here and b) I like the charts it paints and the way it moves so predictably. Other than that, I could not care less about it.

I find the need to have pure trading vehicles so that the things I feel more fundamentally sure about can be held with stronger hands after profit-taking the traders. Here is the current status of TGB, with potential way up to 1.85. I however, settled for the 30% right here on this latest trade.