1292 replies to this topic

[gannman]

a 50 dollar pullback in gld would be nice it would make sense 

[dougie]

spooky action last 10 minutes.   This looks like ST top to me, slightly higher than I was expecting.  No guts to short, unfortunately.

massive after hours selling.

 

Burning those late to the party.

[dougie]

OK, Silver gettin' a bit ahead of itself now as it comes into the first post-launch target zone....

 

Taking a big chunk of the futures off at 26+

 

Will take even more off at 27 if we get there

 

 

Hopefully be able to pick back up a couple $ cheaper a few days down the road

 

Thinking a trading range between 22ish and 27ish may develop for while after this blast peters out.

YOU DA MAN

[Russ]

Rally is over, gold should go down into end of august. 

[AChartist]

dont screw with it, likely a buy on test above 23.5 2012 high,

I know it might be Sep 6 to explode like $1000 a coin, but that doesnt mean

it is down until then could be lateral action.

[AChartist]

I think the lesson of this thing is dont screw with bitcoin. Just hold, no buy is bad for the big picture.

There are going to be some great ones, certainly ETH need 32 of them to run a node for $2500 monthly income,

maybe Link, many good small ones but they will be speculative and rotational, it only takes 1 great one out of

say 5 speculations to make it work. You gotta try but keeps BTC and ETH core.

[senorBS]

Did a little "trimming", keeping a solid core long but did bank some gains, as always DYODD

 

Senor

wild night and given those DSI numbers a correction/consolidation looks likely. Note that gold looks to have a really nice 5 down from 1981 overnight high to recent 1906 low, perhaps an A down, with a B up to 1945 area plus or minus a bit then a sharp C down to 1900 or lower? Seems like a decent road map near term to me. So far my miner "tree trimming" seems well timed, holding a core and will be patient for perhaps adding again

 

Senor

[ryanoo]

gold seasonal for august is confusing. some data show down august, some others show up august. but they all show late-july is down.  it has been up so far with only four more trading days to go in july. dharma has been saying correction in august. are you still of same opinion dharma?

[K Wave]

well that 22.50 area test came fast. eh?

 

got refilled for about 3.50 per contract while I slept.

[CHAx]

well that 22.50 area test came fast. eh?

 

got refilled for about 3.50 per contract while I slept.

 

Sweet buy, whats the exit?  Also, are you trailing a stop somewhere or is the position size small enough that you are just building an IT position regardless of price action?