Just bought GDX
Started by
Chilidawgz
, Jun 13 2006 10:27 AM
19 replies to this topic
#1
Posted 13 June 2006 - 10:27 AM
EOM
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#2
Posted 13 June 2006 - 10:30 AM
Haven't you heard that gold is going to 300?
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#3
Posted 13 June 2006 - 10:32 AM
Haven't you heard that gold is going to 300?
....
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#4
Posted 13 June 2006 - 10:59 AM
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#5
Posted 13 June 2006 - 11:05 AM
Hi Chili
Looks like you nailed the bounce. Just got a momentum buy on my 15 minute chart for GDX. Looking for a small pull back to buy. And yes, gold seems to have bottomed in here @ fib retrace of Jan to May high. Overall market seems to have found a some sort of bottom in here also which can only be healthy for PM's.
Peace
johngeorge
johngeorge
#6
Posted 13 June 2006 - 11:08 AM
Hi JG, I am watching the Q's also and may go long later today, expecting a turn in the stock market today or tommorrow...gotta step out for a while, hope to be back before closing.
PS more bang for the buck in them miners
Edited by Chilidawgz, 13 June 2006 - 11:10 AM.
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#7
Posted 13 June 2006 - 11:31 AM
Mr. Smokin Chili
For what it's worth .... looks like a good play to me. I wish you success.
C.C. Gold
#8
Posted 13 June 2006 - 11:38 AM
What are you guys smokin? Is this a day trade for a little bounce? Cuz this thing is goin lower . . .
Scott
#9
Posted 13 June 2006 - 12:07 PM
Hi Scott,
Well, I had $550 as my gold target back in May. It can still happen. $535 needs to hold here for the big bull IMO. I suspect we have already corrected too much on this leg down anyway to keep the big bull ewave count alive.
BTW, my silver target was $9.80 -$10.00. That's gone now so $8.50 is up next. WOW!
Sittin' on my hands and ready to play catch at HUI 250. For what its worth, there will be some kind of low this week.
cheers,
john
Edited by SilentOne, 13 June 2006 - 12:08 PM.
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#10
Posted 13 June 2006 - 01:01 PM
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !