Ok, PBS (and others I presume) have had their Frontline and Nova documentaries covering the Fukushima nuclear meltdown anniversary. How's the price of Uranium handled it?
I think it has served up a nice spike down in mass psychology nuclear power revulsion selling. That's a fall from roughly $6.10 to $5.60 or roughly 9%. I'm going in long with a smallish trade with an exit of either 6% up or 6% down just to test the mass psychology expecting that the price will creep back up now tht the revulsion selling is over.
Woulda, coulda, shoulda been short on the assumption that the anniversary would trigger this kind of revulsion. If I were smart enough I could have seen it coming.
MontyHigh, www.worldofwallstreet.us
Thanks for your comment. I'm working with a 1920x1080 pixel monitor and mostly use 1024 pixel wide charts. These should fit on most laptop computers. You can click thru a chart (click on the chart) to get the chart by itself. This should, on most computers let you see the entire chart.
There are some 1600 pixel charts, but I'll try to avoid these going forward.
Thanks for leaving me a comment.
MontyHigh
Posted by: MontyHigh | March 25, 2012 at 09:52 AM
Hi Monty,
I have the same problem viewing all your charts. The information on the right is cut off. I have tried firefox and IE and the result is the same. For example, on your chart of the SOX, the right edge is the start of April, 2011.
Posted by: david | March 25, 2012 at 09:19 AM
The uranium market is a great place to be investing in. Currently their are 63 nuclear power plants under construction around the world in 15 countries. 50 of those nuclear power plants are in China so the demand is expected to increase dramatically as their are many more nuclear power plants in the deal making phase. Demand will rise greatly over the next 10 - 15 years.
http://www.vanadiumsite.com/investing-in-uranium-stocks
Posted by: Richard | March 20, 2012 at 11:17 PM