After all this suffering oh heck the heck yeah ha ha I will be adding
Oh heck yeah
Started by
gannman
, Feb 04 2016 10:07 AM
2 replies to this topic
#1
gannman
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Posted 04 February 2016 - 10:07 AM
feeling mellow with the yellow metal
#2
surfsup
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Posted 04 February 2016 - 11:50 AM
I added some yesterday to IAU CDE and ABX. I'm still a lot of cash, and got out of USO. Aside from some metals I'm basically out - and I'm only "in" about 20% total.
I think the gold move is real. Lots of buying and basing. CDE broke through 200 today, ABX yesterday. IAU yesterday as well. Could have been on a bit more vol yesterday but the volume was still one of the highest in a year for the day. The previous day's volume was also a top-10 daily volume for the year so something's going on. Note, IAU is knocking on the one-year daily resistance trendline now. I think it will pull back some but who knows.
Edited by surfsup, 04 February 2016 - 11:52 AM.
#3
gannman
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Posted 04 February 2016 - 11:58 AM
It's real for sure we are in for a heck of a ride
feeling mellow with the yellow metal
