Tag Archives: djp
DJP. Dump and pump and gap…
Posted on Feb 16, 2010 by WHC Bassetti.
Well, like Vancouver you have to haul snow so people can endanger themselves sliding downhill on boards (no skiiers we) and then you get a blizzard of buy signals.
DJP is flashing a buy signal. Once upon a time it was at 72.
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Busy, busy, busy…DJP, GLD, FAS, ETCETC
Posted on Jan 21, 2010 by WHC Bassetti.
Busy… (cf. Vonnegut and Bokononists). The brokers were glad to see us coming. We took profits on a bunch of stuff, ranging from 10 to 20% in DJP, SSO, GLD, DIA, QQQQ.
We hedged part of our gold positions with GLL (short gold) and our index positions with SPXU.
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Noted technical analyst WHC Bassetti has over 40 years' experience in the financial markets and is Malcom S.M. Watts III Adjunct Professor of Finance and Economics at Golden Gate University. He is editor of the Ninth Edition of Technical Analysis of Stock Trends, widely considered to be one of the true classics of market analysis.
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