Senor now has muy tight stops in place on all trading long positions, it won't take much to get me out. I think it has to rally big to the upside or another large slide lower is coming.
PURE BS
Senor
MUY tight stops
Started by
senorBS
, Apr 23 2009 08:42 AM
25 replies to this topic
#2
johngeorge
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Posted 23 April 2009 - 08:45 AM
Senor now has muy tight stops in place on all trading long positions, it won't take much to get me out. I think it has to rally big to the upside or another large slide lower is coming.
PURE BS
Senor
Thank you Senor for the update.
Best to you
Peace
johngeorge
johngeorge
#3
dharma
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Posted 23 April 2009 - 08:56 AM
that scenario would surprise me, but i have been surprised before! gold stocks are the cheapest investment out there. @some point, i have to think they go back to historical valuations. just my 2c. dharmaSenor now has muy tight stops in place on all trading long positions, it won't take much to get me out. I think it has to rally big to the upside or another large slide lower is coming.
PURE BS
Senor
#4
Tor
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Posted 23 April 2009 - 09:04 AM
that scenario would surprise me, but i have been surprised before! gold stocks are the cheapest investment out there. @some point, i have to think they go back to historical valuations. just my 2c. dharmaSenor now has muy tight stops in place on all trading long positions, it won't take much to get me out. I think it has to rally big to the upside or another large slide lower is coming.
PURE BS
Senor
I think it would suprise many, but the sector is clearly very weak IMO.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#5
SilentOne
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Posted 23 April 2009 - 09:31 AM
hi senor
Long Barrick this morning. Looks like they are going to squeeze this higher. Turn date I was looking for was 24/27 April which is a 14 and 28 day cycle low. I'll add more tomorrow. This will be a tricky trade but should work until late May.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#6
senorBS
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Posted 23 April 2009 - 09:37 AM
that scenario would surprise me, but i have been surprised before! gold stocks are the cheapest investment out there. @some point, i have to think they go back to historical valuations. just my 2c. dharmaSenor now has muy tight stops in place on all trading long positions, it won't take much to get me out. I think it has to rally big to the upside or another large slide lower is coming.
PURE BS
Senor
Bueno so far, stops in place and let this hombre ride!
BSing away
Senor
#7
diogenes227
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Posted 23 April 2009 - 09:39 AM
Long today 5 and 15 minutes in. Day trade as usual. Looking well for a change. Stop on open, or five-minute parabolic, whichever comes first.
Good trading to everyone. 
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
#8
SilentOne
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Posted 23 April 2009 - 09:43 AM
strike that.
Turn date I was looking for was 24/27 April which is a 14 and 28 week cycle low.
Good luck!
cheers,
john
Turn date I was looking for was 24/27 April which is a 14 and 28 day cycle low.
Turn date I was looking for was 24/27 April which is a 14 and 28 week cycle low.
Good luck!
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#9
dharma
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Posted 23 April 2009 - 09:48 AM
hi john, my dates were 20-21april low w/a late may/early june high. venus going direct is major for gold , happened on the 19thof april. dharmahi senor
Long Barrick this morning. Looks like they are going to squeeze this higher. Turn date I was looking for was 24/27 April which is a 14 and 28 day cycle low. I'll add more tomorrow. This will be a tricky trade but should work until late May.
cheers,
john
#10
goldswinger
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Posted 23 April 2009 - 09:52 AM
Great move Senor, if it does not break away from here we are going down, tight stops is very prudent. I am doing the same as I suffered a big draw down in October for being a buy and hope guy.......never again!!!
Goldswinger.
