Sell gold. I'm wrong on this one. Oil crashes below $59. JBLU fills gap, bullish. MORN new high/breakout, bullish.
Oil keeps crashing. Gold *MAY* be bottoming. Need a break above $550, then I'll enter some gold stocks maybe. Airlines continue heading up, UAUA SKYW JBLU leading the way. Go go go! DJIA bullish, new high.
NEM is on my watchlist 1)at 65 day MA 2)54.80 is 38.2% Fibo retracement 3)I'm possibly bullish on gold :-\
I like your thoughts too, GF. Big fan of the VLCCF. Been in and out of it for a few years now. It was a lot of fun back when they lost their contracts with Royal Dutch Shell and went on the spot market while rates were spiking and the prices on these guys (NAT) were single digit midgets. Great stuff all around, thank you for contributing.
Thanks slickman. People like you and the good amount of hits I get per post make me keep posting. Right now I'm not living in the West and access to US markets is hard. Before long, however, I should make it there and then trade to my heart's content. My short term aim is profitable trading in the emerging market I currently reside in(I sell too early, cutting into my profits, which is a problem I'm currently working on). My intermediate term aim is to open a hedge fund in a tax haven, with good amount of assets under management. You might join me then LOL, but it'll be about 3-5 years before I'm ready to take on that job. My long term goals:... top secret.
GOOG bullish. Markets bullish. Gold up $4. Platnium hit $1000 support and ran up, bullish. EDIT:Cover RMBS, no point to hold shorts when the market is bullish, rather put them in the laundry now for later use.
went ex-dividend yesterday. Fundamentals are good but it's going to probably trade down or sideways for the next 3 months. Agreed.
Meanwhile gold and gold stocks are solid. "CPI Rises 0.7%, Core Up Just 0.2%, Allays Fears Boston, February 22: Expectations called for increases of 0.4% and 0.2% in the headline and core rates, respectively" Spot gold tested 547.s, now up to 550.s after the news. Gold is good.
love the movement of this thread GF. keep it up! can i toss in aauk as a pick to satisfy your lust for gold?