Michael's Page

"Tim, how about POT for swing trading? I like it in 41-43 range (and lower) and I sell it above 45. I also like KORS which now trades in a similar channel like POT (buy in low 40's - sell in high 40's)."

"GDX, ETF for gold miners is being heavily bought today which I think is a sign of something more than just short covering. "

"People think that Dollar is now a safe-haven. Funny, but true. Hold on to your positions my friend. Only idiots are selling gold and silver now and it seems that currently we have more idiots in the market lol"

"I could even go below 40, that's how big selling pressure it is under right now. But honestly, it doesn't really matter if it's 39, 41 or 45 cuz at either of those levels it is still a strong buy. "

"...and the French elected their first Socialist president since Francois Mitterrand. And you know what, I am actually glad they did that. Now at least they will a president who is more predictable than pseudo conservative Sarkozy. Pseudo…"

"Are u guys keeping an eye on ATVI? Remember, Diablo III is being released on May 15th and this may be huge for the company. I used to play D2 a lot and, also as a member of some Diablo forums, I know that everybody has been waiting for this release…"

"I am a little bit surprised that Silver didn't go up after the ISM data. Gold sold off a bit for apparent reasons (however, it's coming back now), but Silver, being mainly an industrial metal, should have gone up. Am I missing something…"

"GLD/SLV ripping higher. Damn, I could be wrong on this but I have a feeling that the low for the year has been formed and the rally is slowly beginning. Whoever has been considering getting in at some point this year, right now could be the last…"

"Terry, how about GLD/SLV? Gap down tomorrow? Or, any news like that could actually push the metals up?"

"I agree. In fact, earlier on today I added 300 shares of USLV for a total position of 500 shares at an average price of $34.09. "

"Even if Bernanke is gone, another printer will replace him. Bottom line is that the monetary policy will not change anytime soon.  "

"Weak hands shaken out again today, FED statement not as bad for the metals. I am a buyer here."

"Danny, I think that may be a smart idea. AAPL + SIlver are the safest investments from now till year end...IMO. As I am not trading very actively now and my approach is to accumulate and hold for a while, I will probably just focus on these two +…"

"Ok, if the lower channel acts as resistance from now on, we can say they are still in play. Otherwise, I guess we can throw them away and draw something else lol"

"I would like to add that if anyone likes to trade the miners, EXK, AG & SLW are the names you should take a look at at their current prices. "

"Negative comments should be, generally speaking, seen as a positive thing because they add value to a discussion (provided they are supported by logic, reason and supporting data). I think that the vast majority on this forum (including myself) are…"