http://www.321gold.c...chan120505.html
What's wrong with this picture?
Started by
johngeorge
, Dec 06 2005 04:23 PM
11 replies to this topic
#2
dougie
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Posted 06 December 2005 - 11:06 PM
what is wrong is he apears to have sold, now will rebuy and get whipsawed IMO
#3
swanstkdh
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Posted 07 December 2005 - 07:18 AM
So volatile. I have a respect for this mtals market that is getting more and more developed. SAVVY is required. Getting out is really hard. Getting in seems to be a lot easier.
#4
Russ
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Posted 07 December 2005 - 12:30 PM
Gospel is that strong gold companies are aquiring other gold companies which is depressing their current price.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#5
dougie
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Posted 07 December 2005 - 02:11 PM
getting out is very hard indeeed. much more painful would be sitting on the sidelines watching this rise if this is indeed the bull many have been wating for: every inication suggests it is and many still do not beleive it: burned TOO many times!
#6
johngeorge
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Posted 07 December 2005 - 04:49 PM
getting out is very hard indeeed. much more painful would be sitting on the sidelines watching this rise if this is indeed the bull many have been wating for: every inication suggests it is and many still do not beleive it: burned TOO many times!
dougie
I sold my position in gold stocks Dec. 12 for a solid gain. And yes, it appears now that I sold too soon.
I trade the gold mutual fund at Fidelity Select and it has been profitable for me to do so for the past couple of years. Not sure if buy and hold of that fund would have resulted in more gains. 
Getting back in could be tricky. 
http://traders-talk....showtopic=45487
Peace
johngeorge
johngeorge
#7
dougie
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Posted 07 December 2005 - 05:28 PM
how do you do that: sell Dec 12TH??? you got a time machine?
#8
johngeorge
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Posted 07 December 2005 - 09:28 PM
how do you do that: sell Dec 12TH??? you got a time machine?
Only way I know of to beat the market!
Sorry, meant the 2nd.
Peace
johngeorge
johngeorge
#9
dougie
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Posted 07 December 2005 - 09:46 PM
sorry: my bad: i found your 2nd post of the sell....
your plans here? I am only 30% loaded
#10
johngeorge
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Posted 07 December 2005 - 11:37 PM
sorry: my bad: i found your 2nd post of the sell....
your plans here? I am only 30% loaded
dougie
No apology necessary.
As of now I am 100% out of the gold miners. Looking to reenter on a pullback, however, I may be waiting a wee bit longer than I would like as the seasonals for gold look to lower prices in January. John (Silent One) and SenorBS certainly have a much better handle on gold and gold miner trading than I. http://traders-talk....showtopic=45601
Below is link to gold and silver seasonal chart.
http://www.321gold.c...sonal_gold.html
Peace
johngeorge
johngeorge
