152 replies to this topic

[senorBS]

got a little agressive here as gold closed that 1157 gap and "possibly" is completing 5 down, I'll give it a little room but will exit all positions quickly if we keep dropping, I want to see a sharp rally back above 1165

 

Senor

[dougie]

Little aggressive as in?

[senorBS]

Little aggressive as in?

Lets remember that  "aggressive" is different" for everyone and also dependent on whether one is looking short/medium or even longer term. Lets just say I took my portfolio weighting to 40% (mostly in GDXJ today near 35.35-35.40), well over double the % that I entered the day at. And I may hold or exit all or part depending on what I see from here into the close - so I am very short term oriented here and am NOT in a "scaling in" for longer term positions mode! If things develop in what I view as a bullish fashion today I will probably hold most of position, if not I will have a very itchy trigger finger. as always DYODD

 

NO BS

 

Senor

[senorBS]

got a little agressive here as gold closed that 1157 gap and "possibly" is completing 5 down, I'll give it a little room but will exit all positions quickly if we keep dropping, I want to see a sharp rally back above 1165

 

Senor

OK, first objective above 1165 accomplished with the gold stocks diverging and now flyin nicely norte, now give me a rally and close above 1170-1171 and I will be muy happy

 

BSing away

 

Senor

[senorBS]

 

Little aggressive as in?

Lets remember that  "aggressive" is different" for everyone and also dependent on whether one is looking short/medium or even longer term. Lets just say I took my portfolio weighting to 40% (mostly in GDXJ today near 35.35-35.40), well over double the % that I entered the day at. And I may hold or exit all or part depending on what I see from here into the close - so I am very short term oriented here and am NOT in a "scaling in" for longer term positions mode! If things develop in what I view as a bullish fashion today I will probably hold most of position, if not I will have a very itchy trigger finger. as always DYODD

 

NO BS

 

Senor

 

I listed the wrong GDXJ price, it was 34.35-35.40

[dougie]

Thank you

[senorBS]

Looks to me like we are are at a short term juncture where gold needs to accelerate sharply above 1180 if bullish, we'll see

 

Senor

[Russ]

Looks to me like we are are at a short term juncture where gold needs to accelerate sharply above 1180 if bullish, we'll see

 

Senor

And blast through 1197.... looking positive this morning so far....

[Russ]

 how about go up and close the gap at 1265.50?

[senorBS]

it has to be a short term 3 up if bullish IMO so I am raising my stop on gold stock longs to a nicely profitable level and it won't take that much of a decline to get me out, another now or never moment IMO

 

Senor

Edited by senorBS, 07 December 2016 - 10:03 AM.