216 replies to this topic

[lawdog]

"it's just a paper loss."

[lawdog]

sold my silver etf; had a 5% jump; bounce today may be overdone, and silver has a strong tendency to top out for the day around this time. will probably re-enter on pullback, if it comes.

[lawdog]

not to be a pig, sold those sso's i added again a few minutes ago; .30 a share profit, so it was worth the effort. back to 55% long with no metal etf's now.

[lawdog]

congrats to the ff poll responders, 1 fully long, but 3 fully short. nobody voted for the market to close higher today.

[lawdog]

could be worse; sold silver at hod and made a few profitable spx trades. my goal now is to see the mkt stabilize and add to my spx position to hold for a bounce at least back to 2400. 

 

ok, bot those sso back; expect to hold these for rally back to highs, but may trade in n out of them along the way. will probably retain my 55% as a core holding for now. 

[lawdog]

bot back my silver etf at .10 lower than sold previously.

[lawdog]

The action in the market is not too encouraging. We have retested the earlier lows and recovered a bit, but if I had to bet, which I am doing, I would have to say the market finishes closer to down 40 than down 25. If weakness persists, I will probably drop from 65% to 35%. I'm really getting my comeuppance in naz100.

[lawdog]

sold down to 35% at -33 spx. very sad.

[lawdog]

back up to 45% at -37 spx.

[lawdog]

back up to 55% at -41 spx