Where In The World Is Stochastics1?

In other words what stocks am I playing and watching?

I'm in up to my yin/yang in PDP 20,000 and I have 7600 BWR.wt warrants and about 65% cash in case of a major correction when I will go shopping big time.

I'm up BIGTIME on both overall but in this latest trade(about 1 week old) I'm down, about $19,000 after Fridays trading OUCH! but I'm still holding both.

Ouch!

Which means I stay with this position until the market moves them into a gain which should be less then 2 weeks. I have full confidence that as the market moves higher so will PDP and BWR.


By the way I think this Banking crisis is going to cause a very serious correction before year end, but timing for me is to get out of PDP and BWR before that happens.

(BTW I have a watchlist of 20 other stocks that include CDH:TSX, POE:TSX, CNS:TSXv, YRI:TSX, SLG:TSXv, SNG:TSX, GMI:TSX, KFS:TSX, PAA-TSX

Bernanke: Slower growth ahead

Index View Worth Checking Out

The Broad Market Indexes Move BWR + PDP Up And Down Like A Roller Coaster.


Roller-coaster for stocks

Thursday, November 08, 2007

A grim assessment on the U.S. economy by Federal Reserve Chairman Ben Bernanke and a disappointing outlook from tech icon Cisco Systems combined to send stock markets on a roller coaster ride for a second day before the session ended mixed.

Toronto’s S&P/TSX composite index started positive, then swooped to a 236-point slide before closing 10.41 points higher to 14,128.59, on top of Wednesday’s 252-point slide.

On Wall Street, the Dow Jones industrial average underwent similar swings, racking up a 220-point deficit before closing down 33.73 points to 13,266.29 on top of Wednesday’s 361-point loss.

Mr. Bernanke told the joint economic committee of Congress that a host of economic problems, including the severe housing slump, will cause business growth to slow noticeably in coming months.

The Canadian dollar also endured another volatile session a day after the latest spasm of weakness in the greenback pushed the loonie over $1.10 cents (U.S.) before closing at $1.0775. The currency closed down another 0.91 of a cent to $1.0684 on Thursday after rising earlier in the session.

The TSX Venture Exchange was down 40.09 points to 3,068.86.
The tech-intensive Nasdaq composite was down 52.76 points or almost two per cent to 2,696.

The tech sector was a major source of weakness in New York after a disappointing outlook from Cisco Systems, which said its fourth quarter sales will narrowly miss analyst estimates.
The S&P 500 moved 0.85 point lower to 1,474.77. Canadian Press

© Copyright The Globe and Mail


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Dundee + GMP + Paradigm In Love With BWR Today

Dundee + GMP + Paradigm In Love With BWR Today

Just For Mike Till Friday BAY-X

52-Week High $2.47

The Maybach Financial Group www.maybachfinancial.com will be researching the above-mentioned companies to determine their chances of a turnaround opportunity for investors.

Uranium market is hot (excuse the pun) But this is a pure bluesky speculating play in Uranium.
A Huge short position tells you that the stock which is 50% of its high value could fall a long way from here.

No analyst coverage, no institutional buying.
I would look for a producer but if I were to bet on pure spec I would choose one of these
to bet on. i.e. rsc-t or gmi-t or cns-x

Bayswater proposal for property payment 2007-11-02 17:11 ET - Property Agreement Further to the TSX Venture Exchange bulletin dated March 29, 2006, with respect to the option agreement dated Nov. 17, 2005, between Bayswater Uranium Corp. and Longview Strategies Inc. pursuant to which Bayswater was granted an option to acquire a 100-per-cent interest in certain claims located in central Labrador, the TSX-V has accepted for filing Bayswater's proposal to pay half the cash consideration due and payable Sept. 29, 2007, by way of 238,095 common shares at a deemed price of 84 cents per share. In addition, on Oct. 23, 2006, the company issued 38,827 common shares at a deemed price of $1.159 per share and on March 28, 2007, the company issued 54,645 common shares at a $1.83 per share in settlement of half of the cash consideration due and payable on Sept. 29, 2006, and March 29, 2007, respectively. The calculation of the deemed value per share was based on the weighted average closing price of the company's shares for the 30 days prior to the date of the payment obligation. Drilling Leads to Major Uranium Discovery on Bayswater's Anna Lake Prospect, Central Mineral Belt Uranium Project, Labrador 10/29/2007

VANCOUVER, BC, Oct 29, 2007 (MARKET WIRE via COMTEX News Network) --

Highlights

* Best drill intersection to date returns 40 meters grading 0.07% U3O8 and
0.022% Mo (molybdenum)
* Hole to hole correlation establishes main uranium mineralized zone over a
340 meter strike length, 230 meter vertical depth and approximate true
widths of up to 25 meters
* Deposit open in all directions
* Deposit is entirely blind-overburden covered with a veneer of glacial
drift and boulders

Bayswater Uranium Corporation (TSX-V: BAY) (PINKSHEETS: BYSWF) is pleased to report a near surface uranium discovery with significant molybdenum credits from drilling on its Anna Lake Prospect located on the Company's 100% owned property in the Central Mineral Belt, Labrador. Drill results include an intersection in AL07-01 grading 0.07% U3O8 over 40 metres including 0.12% U3O8 over 5 metres and 0.15% U3O8 over 6.0 metres. Also, an approximate true width intersection from AL07-25 grades 0.05% U3O8 over 25.0 metres including 0.10% U3O8 over 2.0 meters and 0.11% U3O8 over 6.0 meters.

Mr. George Leary, President of Bayswater states, "The Company is very encouraged by the drill results from its Anna Lake property to date. This discovery is an excellent start for our first drill program in Labrador and on our Canadian holdings."

Source

This stock has a history of dropping below a buck before retracing higher. Would place a bid at support level around 87 cents and then ride it up. Remember it really doesn't matter if the futures contract for uranium is 110..if the overall market is selling you can bet the uranium stocks will go down with it..just look at today.
Source

Bayswater Uranium Corporation is a rapidly-growing international uranium exploration and development company. As the only uranium company to have major landholdings in each of Canada's most important producing and exploration regions -- the Athabasca Basin, the Central Mineral Belt, and the Thelon Basin -- Bayswater is a leader in uranium exploration in Canada, the world's largest producer of uranium. The Company also owns several advanced uranium properties in the United States that are being fast tracked to production. Bayswater combines a balanced portfolio of exploration and development projects with the uranium expertise of its technical and managerial teams. The result is a Super Junior(TM) Uranium Company with the share liquidity and market capitalization to provide value to both the retail and institutional investor. Bayswater is listed on the TSX Venture Exchange under the symbol "BAY." The Company's website is www.bayswateruranium.com.