Gold capitulation: when John Paulson throws in the towel?

Discussion in 'Commodity Futures' started by rsi80, Apr 14, 2013.

John Paulson will sell when gold drops to:

  1. $1,400

    2 vote(s)
    6.9%
  2. $1,300

    3 vote(s)
    10.3%
  3. $1,200

    6 vote(s)
    20.7%
  4. $1,100

    4 vote(s)
    13.8%
  5. $1,000

    14 vote(s)
    48.3%
  1. "John Paulson will sell when"

    ... investors want their money back from him.
     
    #21     Apr 15, 2013
  2. Believe it or not NG (paulsons largest miner holding)just went positive for the day. lol
     
    #22     Apr 15, 2013
  3. Yes, after getting sledge-hammered by 13% last Friday @%!
     
    #23     Apr 15, 2013
  4. zdreg

    zdreg

    take a guess why. last friday does not have much to do with it. it is now 2.49 down 5%. now that didn't take long.
     
    #24     Apr 15, 2013
  5. benwm

    benwm

    I'm a buyer when Paulson liquidates. He'll be most likely adding to the position using other people's money. I doubt he has a stop loss, someone else decides his stop loss...
     
    #25     Apr 15, 2013
  6. DT-waw

    DT-waw

    yeahhh. its how every successful famous trader does his job. well maybe except simons and dalio.

    they all add to losers , bankrupt several times and make billions for themselves. the script repeats itself and nobody in the audience has any idea...
     
    #26     Apr 15, 2013
  7. HAhaha.. the pos stock actually closed up a penny today.
    Maybe Seth is averaging down.
    http://www.imdb.com/name/nm0001293/
     
    #27     Apr 15, 2013
  8. deucy28

    deucy28

    #28     Apr 15, 2013
  9. this is a great observation. the rule generally is when a stock stays flat/rises when the market is getting clocked that is a huge tell.

    there are worse trades out there then going long NG w/ a tight stop below yesterday's low. my own $0.02 USD is that someone is going to buy this out soon after the drop and that's why it rose.
     
    #29     Apr 16, 2013
  10. deucy28

    deucy28

    #30     Apr 16, 2013