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Swing Trading PAAS SSRI AUY

Filed under: Online Stock Trading,Stock Picks - 07 Mar 2007

Silver stocks PAAS – Pan American Silver Corp., and SSRI – Silver Standard Resources Inc., have been two strong runners in the sector until the recent pullback. I bought both yesterday using a daily chart entry. The stops are placed under the pivot lows for now. The 50 day moving average is the next hurdle for SSRI. The 20 dma for PAAS.

swing-trading-paas-030707.jpg

ssri-swing-trade-030707.jpg

I picked up a few gold stocks too. AUY – Yamana Gold Inc. is one I really like. When this finally trades over 15, it should get some legs.  Pivot low stop.

auy-030707.jpg

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