wait you have got to be kidding me ?
Ok so ...i may not be the best educator ..but an OUT PERFORMANCE of the XAU is what i WANT TO SEE !
you need a completely different understanding of miners vs metals ... to understand why i want to be LONG in something that is out performing something else.
dont you see me moving from short one thing to short something else to long something different bi-weekly or monthly .. ?
im not chasing out performance im taking advantage of it ...buy dips in things that are going to move up whether they be ...Long Vehicles or ...short Vehicles.
but TRUST ME ...this is not random shape shifting... ive been posting it all year long.....be long the Strong and short the Weak.
im seeing the limitations of many traders here. . as they cant figure out the basic aspects to taking advantage of what the markets are saying...no doing.
im sure some are sitting back ...lurking and dissecting all my hidden clues and then doing their own homework and experimentation .. as in the past years
those are the ONEs that will be rewarded and become better at the game. ... and no doubt challenge me down the road.
if one wants to know what and why ...they need to....Do The Work.
CLK you sound like a skeptical ...emotional trader. . which is not a good thing but you are not alone. Many said that this was heading lower before HIGHER ...all wrong.
Be a technical trader.... use a technical signal (hopefully not lagging) for your entry area ...NOT PRICE OVER 6 which sounds very elementary when presented that way .
So many technical signals have already Gone Off and this is why there has already been so Much Volume and a 25% price increase ...waiting actually puts you at more risk
for a LATE entry ...and we ALL SELL TO YOU .
No concern the metal was flat today ? That is a neg. div.
I am contimplating buying, but still skeptical. Looks like a trend change , but
I'd like to see a daily close over 6 on JNUG.
Edited by Mr Dev, 17 November 2014 - 08:46 PM.