Copper - Gold - Molybdenum project in Alaska
72 billion pounds Copper - 94 million oz Gold - 4.8 billion pounds Molybdenum.1
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Message: Sell in May, Then Go Away . . .

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jcwillis
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Re: Sell in May, Then Go Away . . .

in response to Sell in May, Then Go Away . . . by jcwillis
posted on Jun 18, 11 11:43AM

Well, technicals show the "Death Cross" happening earlier this trading week.

That is, the cross of the 50 Day MA going below the 200 Day MA.

This time of year is typically flat to down for Juniors.

Downside likely to continue for a bit as downtrend of 50 Day is pretty severe.

This is not a good entry point or a good time to cost average.

Wait for sp to go flat / horizontal for a decent period of time before considering buying.

There may be some upside in mid-July, but be careful.

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