36 replies to this topic

[Akando]

Not the only short! I am short gold and silver from a week ago. In the kettle right here, however, no volume up so far on this move. Lets see it take out the swing point and hold and I will take my loss. longer term I really think the gold trade has become to one sided. We are about to enter another deflationary stage where assets will all take a hit with our market. gold is due a large pull back and when it historically has done so it is always a deep pull back. I think the deflationary hit will be far worse than our default/flight to the ultimate safety risk will be. I see a retracement to 900. So one other short here Z. Though I am under water so far!

[securelstmile]

I like this trade in that I can take a position with a reasonable stop; in other words, risk reward is there. That is it for me. It is all about the low risk stop. Rewards will come with enough of those. Thanks for sharing it.

[zoropb]

Not the only short!

I am short gold and silver from a week ago. In the kettle right here, however, no volume up so far on this move. Lets see it take out the swing point and hold and I will take my loss.

longer term I really think the gold trade has become to one sided. We are about to enter another deflationary stage where assets will all take a hit with our market. gold is due a large pull back and when it historically has done so it is always a deep pull back.

I think the deflationary hit will be far worse than our default/flight to the ultimate safety risk will be. I see a retracement to 900.

So one other short here Z. Though I am under water so far!

Ah AK cool well it sure isn't a crowd.

[NAV]

900 on Gold !. That's a bold call Z. I will be watching with interest.

[zoropb]

900 on Gold !. That's a bold call Z. I will be watching with interest.

may take a while though Nav perhaps 2013 could go sub 800 too. Always seems crazy when I call these things eh.

[NAV]

900 on Gold !. That's a bold call Z. I will be watching with interest.

may take a while though Nav perhaps 2013 could go sub 800 too. Always seems crazy when I call these things eh.

It's a bold call, but not crazy. If you had said GOLD 200, i would have called you crazy.

[zoropb]

900 on Gold !. That's a bold call Z. I will be watching with interest.

may take a while though Nav perhaps 2013 could go sub 800 too. Always seems crazy when I call these things eh.

It's a bold call, but not crazy. If you had said GOLD 200, i would have called you crazy.

going to bed fell asleep on the sofa for an hour.

Edited by zoropb, 17 June 2010 - 11:36 PM.