19 replies to this topic

[tria]

EOM

Edited by tria, 06 March 2016 - 10:17 AM.

[tria]

BTW, this is the one and only one scenario 4 me.

No ifs, no buts....down she goes.

Anything else says that I'm dead wrong.

[relax]

with nymo at 100 it would be surprising to not see +20 points down in spx, interesting to see what happens, if gold and spx follow each other

 

big question - is this september 2007 (new highs ahead) or is this january 2009 (new lows ahead), and how does gold react

 

guess we see ;-)

[tria]

with nymo at 100 it would be surprising to not see +20 points down in spx, interesting to see what happens, if gold and spx follow each other

 

big question - is this september 2007 (new highs ahead) or is this january 2009 (new lows ahead), and how does gold react

 

guess we see ;-)

 

Relax,

I hate any SPX-Gold correlation.

I even try not to correlate too much my USD outlook to Gold.

[tria]

True to my word and following my plan, I took the necessary action @ $1,272.30

 

History has tought me the hard way to almost always adhere to a written plan when the mkt is closed 

and not to look constantly at the screen to second guess myself.

 

No shorts were initiated however, as I will be otherwise preoccupied for the rest of the day unfortunately.

 

If Gold is not down by this Thursday, then I am dead wrong and hide in a remote Greek island with no electricity. 

Edited by tria, 07 March 2016 - 07:31 AM.

[tria]

Due to the rather big OI in the Gold futures, I am bracing myself for some potential volatility in the next few days.

Dust looks real interesting to me at this time and price.

 

Edited by tria, 09 March 2016 - 05:33 AM.

[johngeorge]

"Dust looks real interesting to me at this time and price."

 

tria

 

You too, eh?  I am long mining shares and looking to hedge again with DUST as I don't short, do options or futures.  Gold down somewhat last night and this am.  I have near term support at 1245 and longer term support at 1205.  However, perhaps you won't have to go without electricity tomorrow. 

[dougie]

one view

[tria]

"On Thursday you shall fall, on Friday you shall rise, its all written in the holy script",

so said the holy spirit to the Gold Goddess.

 

If this comes true, I'll turn from an infidel to a devote believer, said I.

[tria]

Some tech evidence of which way 'she' goes...

 

Click on for a viagra effect.

Chart courtesy of Rob451 (T-Theory forum)

 

Click on for a viagra effect.

Chart courtesy of StockCharts

Edited by tria, 10 March 2016 - 05:59 AM.