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Re: JohnCM post# 39

Monday, 07/06/2015 11:18:36 AM

Monday, July 06, 2015 11:18:36 AM

Post# of 168
The fund seems to be reducing UEC holdings, which is a good thing in the long run. URA has lost the $9.00 level. CCJ is approaching its year low. Hopefully there is support for CCJ at 13.50. URA 5 day average has been stiff resistance since May. Has to close above 9.50 on a sustained basis for this MA to turn up. 4% yield does not mean much when the equity loses 2 to 3% every single day.