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tempted to go long the NUGT here


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#11 pisces

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Posted 18 September 2013 - 05:43 AM

I will be a heavy buyer on any late day weakness today 9/18, at least for a short term trade.
A small NUGT position and Gold and Silver futures.

Platinum's and Palladium's correction seems almost done as well with their OI having dropped to normally buying levels.

-tria


Am watching for a October low Gold 1090-1190. when in oct.idont know.
Best of luck to all
pisces. B)

#12 SemiBizz

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Posted 18 September 2013 - 08:52 AM

Time to be cool and let this hand play out on the metals... There's still a good chance they do nothing and the game extends into overtime today. Look, the XAU is on an NR7 Day (Narrowest Range of past 7) It's still locked in a tight range. Flip a coin. When it starts moving we're going to see 5+ pts.
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#13 tria

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Posted 18 September 2013 - 09:56 AM

Time to be cool and let this hand play out on the metals...

There's still a good chance they do nothing and the game extends into overtime today.

Look, the XAU is on an NR7 Day (Narrowest Range of past 7)

It's still locked in a tight range.

Flip a coin.

When it starts moving we're going to see 5+ pts.

That was a cool comment Semi, coming from a cool player, during this first cool day for sometime now in Athens.
Still, I'll do my cool buying and place a hot stop loss in cool spot.

The oracle of Delphi has spoken and a silver coin was offered, better odds than just flipping it.

-tria :lol:

In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.

"You miss 100% of the shots you don't take."
~ Wayne Gretzky


#14 SemiBizz

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Posted 18 September 2013 - 12:28 PM

Time to be cool and let this hand play out on the metals...

There's still a good chance they do nothing and the game extends into overtime today.

Look, the XAU is on an NR7 Day (Narrowest Range of past 7)

It's still locked in a tight range.

Flip a coin.

When it starts moving we're going to see 5+ pts.

That was a cool comment Semi, coming from a cool player, during this first cool day for sometime now in Athens.
Still, I'll do my cool buying and place a hot stop loss in cool spot.

The oracle of Delphi has spoken and a silver coin was offered, better odds than just flipping it.

-tria :lol:



It's the Pharoahs of Fiat that are gonna speak today...

I'll let them decide.

Then Act.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#15 tradesurfer

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Posted 18 September 2013 - 01:12 PM

I gave into my temptation seconds after the FOMC Announcement.... up we go big time... 100% move on deck....

#16 dougie

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Posted 18 September 2013 - 02:44 PM

so Semi: you go long?

#17 dougie

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Posted 18 September 2013 - 03:32 PM

what indicator is that please?

#18 wxman

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Posted 18 September 2013 - 03:49 PM

I'm looking forward to this cycle...Wink))

http://stockcharts.com/h-sc/ui?s=$GOL...amp;a=181128327

Or this fractal:
http://stockcharts.com/h-sc/ui?s=$GOL...6&listNum=1

#19 Psycho

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Posted 18 September 2013 - 04:25 PM

I am way too heavy and way too long into miners. With no Fed change and seasonal trends I think this may be a chance to lighten up a little. At 100% I would take half off the table. I was really shocked they were able to push the miners so low for so long. Can't wait to see how Asia jumps on this news.

#20 dougie

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Posted 18 September 2013 - 06:17 PM

nice call!