They chose financial independence over home ownership.

This is somewhat extreme but watch how this Canadian couple chose financial independence over home ownership.  They are in their 30s and,...

Past blog posts now load week by week. The old style created a problem for some as the system would load 50 blog posts each time. Hope the new style is better. Search archives in box below.


"E-book" by AK

Second "e-book".

Another free "e-book".

Pageviews since Dec'09


Recent Comments

ASSI's Guest bloggers

Golden Agriculture: Downtrend is intact.

Tuesday, June 1, 2010

I have a very small long position left in Golden Agriculture, having divested half of my remaining investment at 55.5c in mid May as the counter formed a lower high in the current downtrend which started in late April. It has continued to form lower lows and lower highs since.

The immediate resistance seems to be 50.5c now while breaking the low of 24 May would have a downside target of 44.5c as suggested by Fibo lines which coincides with gap support formed on 9 Nov 09.  That is some way to fall.

I am definitely not in a hurry to add to my long position at this point in time.


Monthly Popular Posts

Bloggy Award