My Crystal Ball is working overtime these days.
I have gone on record MANY times about Technical Analysis.
For years now we have been seeing predictions based on
Cups
Handles
Mac D (Hamburgers ?)
Gaps (or Gasps)
and many technical terminologies that I can barely pronounce and much less remember.
I have gone on record several times that using Technical Analysis is like reading the Daily Horror scope. Simply put, Technical Analysis is akin to Astrology. Good for amusement but not too good for investors. Eventually, some Chartist will be right and yell "I TOLD YOU SO". I see it happen all the time.
Well I don't use charts nor do I use astrology. But I do have a trusted Crystal Ball and it is showing me some very interesting pictures lately.
Here are the latest pictures that My Crystal Ball showed me...
... Spot Uranium prices will fall some more. In fact, Spot fell $.05 as I was writing this message.
... Cobalt prices will rise but not in a visible way. This one had me baffled a little but I think I know what is going on.
... we are at the bottom (give or take a penny or two) when it comes to Uranium share prices.
... volume in Uranium Share trading is going to start picking back up in a very short time frame. Maximum three weeks. Prices will rise about two weeks after that - possibly sooner.
... 2020 will see sharp upward spikes in Uranium share prices. Uranium mining shares will do quite well and even better in 2021. The biggest winners will be those that bought at today's BOTTOM PRICES and hold on.
... UEX will not do a spin-out of CoEX this year and likely not even next year. For what it is worth, UEX may find it best to cancel the idea of a spin-out altogether. There will be better options available that will serve UEX shareholders better in today's and tomorrow's environment.
Don't ask me how my Crystal Ball shows me this.
Only I have the key to see what it does show me. I will take that key to my grave so that it cannot ever be abused in the way that Technical Analysis is being abused - not by the technical analysts but by those that have the ability to deliver the opposite of what those analysts show. The problem today is that there is TOO MUCH ANALYSIS of PAST INFORMATION, PAST PATTERNS and that lends itself to abuse.
I was wrong when I got excited about the potential for a spin-out of CoEX because I based that excitement on UEX's history and my personal past experience with that spin-out. When I sobered up and looked into my Crystal Ball, I now see a different picture. I should have looked into my Crystal Ball before jumping the gun on the share split. On this one I 'might' be able to elaborate later. For now, I will simply suggest that readers keep an open mind. Times have changed and may continue to change forward or back. Confused? Sorry about that. I'm just not ready to share that part right now. Some of you will possibly figure it out.
Of course, if my Crystal Ball turns out to be wrong I risk being laughed at but I have broad shoulders and a VERY OPEN MIND. (Hmmmmmmm, does that make me an air-head?)
Conversely, if my Crystal Ball turns out to be right, I won't say, I told you so. I will just celebrate along with all the others who held on to realize larger returns.
In any event, I will not be putting up the Crystal Ball for sale because that would be like selling my brain. Besides, who would want it.
If you want to remember any of my posts focus your efforts on my word math post. It is easy to dismiss Crystal Balls but it is difficult to argue with MATH.
AI
