I am short gold

Discussion in 'ETFs' started by chaykapwr, Aug 22, 2011.

  1. well why did it fall 7 dollars with little retrace? because there was nothing but air from a MAJOR resistance to this support, i put this support as between minor and major
     
    #31     Aug 24, 2011

  2. Not in bullion nor contracts. The lagging senior miners.

    Yeah in a parabola there are sharp moves.. Sometimes of intolerable magnitude. The fat lady at the rodeo, rather than the opera, hasn't sung yet.
     
    #32     Aug 24, 2011
  3. A move above 170 is good place to close half this position
     
    #33     Aug 25, 2011
  4. yeah my miners have pe ratio of 15 ...in tech bubble they went to 500if there were any earnings at all ...:)
     
    #34     Aug 25, 2011
  5. Archin

    Archin

    Yeah you're right, there's probably a possibility of the miners to go to 500 times earnings or if no earnings 100 times revenue!
     
    #35     Aug 25, 2011
  6. half out of the remaining half, leaving the rest for a homerun
     
    #36     Aug 26, 2011
  7. great call...the last quarter is a homerun. I think i deserve some respect :)
     
    #37     Sep 23, 2011
  8. For not following your own plan? Weren't you calling for 140, minimum?

    Nonetheless, nice job, don't worry about respect, just be happy with the p/l:D
     
    #38     Sep 23, 2011
  9. ohh no i am not out yet. I mean i did get out 3/4 because i had a reason to BUT i feel if we get through 154 we shall see 140
     
    #39     Sep 23, 2011

  10. You're doing a fine job of pounding your chest, Rodney.


    Oh, your defintion of "homerun" and mine differ in terms of magnitude.
     
    #40     Sep 24, 2011