Wednesday, November 10, 2010

Golden Star Resources - GSS - Deleted

Today I deleted Golden Star Resources ( GSS) from the Barchart Van Meerten Speculative portfolio for negative price trends and:

  • 40% Barchart technical sell signal
  • Trading below its 20 and 50 day moving averages
  • 12.30% off its recent high
  • Relative Strength Index 41.94% and falling
Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.

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