Which of the Gdx gaps will fill do you all think?
raymond merriman the incredible spring line up part 4
Started by
dharma
, Apr 24 2016 10:29 PM
105 replies to this topic
#42
goldfungus
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Posted 03 May 2016 - 01:44 PM
I'm looking at three gaps: I will buy another 1/4 position at $24.27. I will buy another 1/2 position at $23.25. I will double my position at $22.18. FWIW
#44
dharma
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Posted 04 May 2016 - 09:49 AM
indian jewelers main supplier of gold is the indian mafia. that is changing http://www.bloomberg...rder-gold-trade
the build out of the bull market infra structure continues. we had a big build in gld , which the last time that happened was a kick off to higher prices
i dont see much happening over this week, so i am nibbling.
i have a starter position here. i cant bring myself to buy more w/the permitting issue still on the table this is one helluva find. it gets permitted and it goes through the roof. the caveat there is it needs to get permitted. http://finance.yahoo...-100000666.html
dharma
#45
johngeorge
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Posted 04 May 2016 - 10:28 AM
"i have a starter position here. i cant bring myself to buy more w/the permitting issue still on the table this is one helluva find. it gets permitted and it goes through the roof. the caveat there is it needs to get permitted. http://finance.yahoo...100000666.html"
dharma
Likewise! I bought about a year ago and have been just sitting and waiting. If/when they get the permit, yes, a multi bagger.
Peace
johngeorge
johngeorge
#46
dougie
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Posted 04 May 2016 - 12:11 PM
I'm looking at three gaps: I will buy another 1/4 position at $24.27. I will buy another 1/2 position at $23.25. I will double my position at $22.18. FWIW
Well, that was fast!
Seems to me this is not done timewise
#48
dharma
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Posted 04 May 2016 - 01:35 PM
when bull markets kick off there is a lot of buying pressure built up, folks continue to short and cover as it rises
i think we are in a correction here. the volatile miners are correcting much more than gold 20.88 is the .382
i am looking for a turn either the 10th or 27th of may. we are oversold on hourly miner charts. the next leg will begin in 1-3 weeks
dharma
so far the largest correction was 12% we are approaching that now.
Edited by dharma, 04 May 2016 - 01:37 PM.
#49
goldfungus
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Posted 04 May 2016 - 01:39 PM
I'm looking at three gaps: I will buy another 1/4 position at $24.27. I will buy another 1/2 position at $23.25. I will double my position at $22.18. FWIW
Well, that was fast!
Seems to me this is not done timewise
Yep. Let's see if they can get that 22ish gap in the next week or so.
#50
dougie
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Posted 04 May 2016 - 02:05 PM
Howabout the 20.34 gap?
