*I decided to throw in the towel on North American Palladium (PAL) today and sold my shares for $6.18. I dislike selling a miner at a loss, but it appears that the palladium metal is going to get taken down with the stock market as time goes on. Both have made lower highs and lower lows and, well, that's just plain bear market fodder. No sense in fighting it, so I sold.*Click on the chart to ENLARGE*The great news, however, is that gold has strongly broken above the bull flag on its daily chart and silver has moved itself right up against the slightly downtrending slope created by the high of two weeks ago. The HUI mining index also powered higher today. This must be the beginning of the final leg of the C wave.*I posted a couple of stocks to the Tomorrow's Trades (Today!) page for tomorrows (Tuesday) trade. And here is a peak at each.*First is Aurizon Mines Ltd. (AZK). The chart sports a fresh trend line break of both the True Strength Index (TSI) and the Money Flow Index (MFI) indicators. The estimated earnings projections for 2011E and 2012E are the latest information from Kitco's Matlack report.*And second is Banro Corporation (BAA). The TSI and MFI setup is decent. What I find more compelling however is the successful testing and bounce off support at the 200 dma and the fact that this stock has been incredibly oversold. As of today's close, BAA is still nearly 32% below its high of March 7 just two weeks ago. In my opinion BAA is unlikely to remain this mispriced for long.*My TSI Trading record has been updated.
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