43 replies to this topic

[CLK]

Near term, Gold probably goes up some, but ultimately I see it in the $400-$500 area.  It fell around 20% in 1931. Now off the Gold standard it could fall much more than that.

 

 

https://www.thebalan...history-3305646

Edited by CLK, 22 December 2018 - 08:11 AM.

[CLK]

EWave says 2.618 ext. of wave 1 is also common for wave 3's, as is 1.618.

 

My preferred st target is 2100, not 2400.

 

 

 

https://invst.ly/9ljvt

[CLK]

Looks like long term cycles are what works, nobody is looking for them. Somebody already posted part of this, here is the other part.

 

 

So from the 2018 top to the 1932 low is 86 years, and from the 1929 top to the 1843 bear market low is 86 years. There is your cycle.

 

 

http://www.mining.co...w-200-years.jpg

[CLK]

Added 10 Dec. 20 19 150 puts at $1.95.

 

Added 100 Dec. 20 19 60 puts at $0.05.

Edited by CLK, 26 December 2018 - 10:53 AM.

[CLK]

Sold 1 Jan. put spread early to help offset cost of long term puts.  Waiting to see how this rally progresses.

[CLK]

Added 350 TZA for total of 500. Looking for a spot to buy the puts for hedge.

[CLK]

I'm done for awhile, will look to add a short term SPY put on a big bounce if it happens.

 

 

Risking about 15-18% loss of my account on long term shorts.

 

 

Added 1 Call spread Jan. 7 245/250 for small short term hedge.

[CLK]

And here is why it bounced.

 

 

https://invst.ly/9mh46

Edited by CLK, 26 December 2018 - 09:30 PM.

[CLK]

https://invst.ly/9mmha

[CLK]

https://invst.ly/9murk