Dines Newsletter

[john77]

Are there any comments anyone is willing to share for people who had their subscription lapse? Particularly, what's the advice (even if it is not Dines advices) for people who did NOT buy in early, and bought in to U's heavy in February? There would be no money to buy silver.

[Depleted]

I would hold onto uaniums now, as I suspect we are approaching a near term bottom. The next 2-3 months could be volatile, but am expecting a mid to year end rally in Uraniums for 2008. A lot of them are showing slow strength growth that actaually started in late Nov07, but in my TA, seem to be at least 3-4 months off from now before they could "pop". It just takes a while to build up enough steam to start a rally. I like to think I am disciplined and patient, there is no point in locking in losses now anyway, right? My two cents worth...

[john77]

Thanks for the technical perspective Depleted. It is still a matter of "being solvent longer than the market remains irrational". One thing that concerns me is that during the August crash last year, our predictions for rallies keep on getting pushed back, eg from Oct to December, now January to spring, and perhaps all the way to the end of the year.

[sunseeker]

I have hardly been adventurous with the uranium part of my portfolio, mainly because I haven’t had due cause. 
One bright spot today however was the 0.44% rise in Geiger Counter PLC. (LSE:GCL).
I know that the old hands will be aware of this company but for those who don’t it is a conservative fund which invests in uranium companies which are mainly producers, or near term producers. OK a 0.44% rise isn’t much to shout about , but on a bad day 167,682 buys, against 10,000 sells, and the fund is trading on a premium (aprox. 2.8%) at that. One swallow doesn’t make a spring, but perhaps some belief is gradually creeping back in.

For the record Geiger Counter is my biggest uranium holding (vested interest declared).

Now I must bid you adios for a week (can I hear cheering?) as I am ready to fly off out to Spain in 6.5 hours time. I can lay my hands on a computer while I am there, but since I am under orders to spend little time on it, I will be relying on you all to keep me up to date.

I raised have the cash element of my portfolio, over the last two days purely as a precautionary measure (For those interested I have not sold any of my uranium positions aprox.7% of my portfolio).

[richmanch]

I agree that big picture things look good, and I trust Depleted that we might be at a short term bottom here, but still, it sucks. URZ down almost 20 % (from already pitiful lows) in two days.

Looking back at the last month or so, all of my good decisions have been to sell. I asked at the end of 07 where the selling pressure was going to come from once tax loss selling season is over...how about everywhere?

You could say...well, now the pessimism is ripe, must be time to buy...fine, though that strategy (unless you were extremely lucky and active) would not have been a good strategy these past few months.

In a bear market, good stocks with good stories go down.

Still, I have not capitulated. Even though I might be less optimistic, it doesn't mean I have to sell everything at once. I know that there will be better opportunities to sell than today. I will look for chances to sell over the next few months. I am keeping a core portfolio--hopefully for a few years.

Would be nice to see BRD get bought out (I vote for $9 a share--ha!). Trading halted today. Anyone know what's up? 



 

[Uboat]

Richmanch, news on BRD:

 http://www.globeinvestor.com/servlet/story/CCNM.20080116.436686_1/GIStory/

[richmanch]

Thanks Uboat

Good news. I think this should bump the stock up nicely.

[Bottomfeeder]

Looking at the last post date, I thought what the heck, maybe a revival of this topic was in order!

I read the Dines Letter on Friday, and did sense a bit of renewed confidence or should I say a little bit more committed stance from Jimmy, that we are about to head back up higher.

I sensed in his previous letters that he was more hoping that it would turn, but this time I thought he really believed it, instead of trying to convice his followers and himself that it was true.  Just a gut instinct if you will.

For me that was a good sign.  I have been personally looking at his buy "timing" as a top caller, but this time I think he may be right.  Although I will continue to look, instead of think and hope, as it has been alot more profitable than  listening and following!

I am also taking his advice to re-read his high states book, as there is some good stuff in there, helpful in and out of the market.  He says to read it to keep from giving into the temptation to get out even!  I dont know about that, I would kill to be even!  But I do want to keep from hyperneeding to be right, as doing so in the past has been very expensive.

Anyway, I guess we will see what happens.  The man has been around for a long time, and developed a pretty strong following from being right alot.  Hopefully we will see our portfolios turn back up and see "his stock go back up", as we would all obviously prosper from such an occurance.

[jjj000]

hmm... you got out of it more than I did.  I mostly noticed that he wrote about half as he usually does - he didn't go into gold, silver, palladium or anything - just filled the whole newsletter with a bunch of news clippings.

I was hoping to hear his opinion on the precious metals, on the USD vs EURO situation, re: rates, inflation, etc.  Thoughts on China market.  But nothing.  Just a small section about uranium hopefully turning higher.

It seemed like his health advice section this month had the most commentary.  That makes me wonder, 1 - if he isn't as lost right now as we are, or 2- if he isn't too busy off trying to manage Mega Silver or this or that, and his newsletter has become a low priority.

In any case, I don't think the "resist selling to get even" policy applies to traders like us who are looking to sell into resistance tops, and then repurchase at resistance lows.  B/c we may sell to get even, but we'll most likely buy right back in on the next dip.

Unless I have you figured out wrong... but I don't think that I do

[Bottomfeeder]

jjj....nope you know you have me figured out right....

I think continuing to sell partials into resistance will allow greatest returns, as eventually two things will occur, two or three breakthroughs on upside resistance will eventually be followed with downside pressure and re-test of recent historical lows (stages) making for pretty reasonable opportunities to re-build positions.  I am certainly not a buyer here, as it looks to be the wrong side.

Hopefully the lows will be higher, for obvious reasons, but until it is obvious, cautious partial re-entries are in order.  Probably should stay in order, too make sure the downside risk is always key part of investment/financial management. Which is of course don't lose your money!!!

Hey Dines is just one person, it takes an investment community to make a market.  Most of the things I am hearing from all the pundits is probably playing into my mindset of things looking better going forward.

As far as the other stuff regarding oil, dollar, gold, silver, and so on....I feel like that is pretty mainstream stuff.  Maybe it is a signal for the "serious market student" telling us that attack capital should be directed towards Uranium.  Most of his other charts on the metals showed that there was still some downside risk and alot of room before downtrend lines would be pentrated, but all heading downward, short term.

Just still want to recognize what wisdom Dines offers, and try and take advantage to keep myself in the right frame of mind to prosper!

[BiGReD]

Just finished reading (skimming) the Friday issue. I did not read the one before this issue because I would have gotten PO'd. With the minor rally in the jr's at the end of the week I thought he would have a lot of great stuff to say, or maybe even a letter to the editor or two, but they have been missing as of late! (don't really have to wonder why)

His latest Recs without any background on the stock or their business is kind of annoying, I for one would appreciate the "Why" behind the calls, but I guess that's why he writes the Letter.

You get out what you put in, now I need to figure how much below my dines holdings I place those trailing stops!

-BiGReD

[Depleted]

Did anyone take a good look at Dines recent New Rec in List #4 Stock 9?. The thing I find most interesting is, by fluke,  I have been watching this one in early Feb2010, since it came up on my radar as a technical buy in early Feb 2010 around the $2.50 level. I know nothing about the company, so only been watcvhing it. A long Term investor would have been in then, had he known that the financial status is ok. It technically now looks like a "sell into strength" or "Back up the truck" scenario. This is the classic Mass Psychology hard at work, right here, right now. . Dines did say the majority of his subscribership is Stock Insiders and directors. That answers a lot of questions, fro many of us, I think. My next order of business is to learn how to quantify a company, enough to know if it has enough cash to continue in it's "technical change" that I see. I need to learn how to quickly evaluate if a company has "reasonable cash" to continue, or not. Will continue with that topic on another thread.
I excitedly brought out the barge pole on this one, refreshed my memory on the chart, with my anotations I placed on it way back in early February, then decided to put it back down on the deck.....    
The thing I am most excited about this one, is, I have learned from it. That in itself is positive mental reinforcement.
Good Luck and Good Trading....Cheer D 

[Depleted]

Anybody have any idea what Dine's may look for in his next quest for the next "Super Bull Market"?.
I wonder if he has already tipped his hand, and given us a sneek peak? He did this with Rare Element a few years ago when he said something like "oh, and we like RES.V also". I am pondering the "Super Bull Market Chart" that has mysteriously appeared in the bottom right corner near the end of his recent TDL, with no apparent written dialog to go with it. You all have seen it, but of interest to me is, Dines has not yet really pushed much in that arena/sector. Is this just the beginning? I am already compiling a list of stocks that meet this possible upstream drink ahead of the herd         
Check it out, and give us your thoughts....
Regards, D
 

[MetalMeister]

Dines on King World News:

http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/10/29_James_Dines.html

Mentions uranium, metals, and rare earths...