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Just bought GDX


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#1 Chilidawgz

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Posted 13 June 2006 - 10:27 AM

EOM

Posted Image
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 greenie

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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 !

#3 Chilidawgz

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Posted 13 June 2006 - 10:32 AM

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Haven't you heard that gold is going to 300?


:blink: .... :P
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 Chilidawgz

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Posted 13 June 2006 - 10:59 AM

Posted Image
Posted Image


Posted Image
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 johngeorge

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Posted 13 June 2006 - 11:05 AM

Hi Chili Looks like you nailed the bounce. :D 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

#6 Chilidawgz

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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 calmcookie

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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. :redbull: :) :redbull: Gold

#8 scott in Wisconsin

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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 SilentOne

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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 greenie

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Posted 13 June 2006 - 01:01 PM

double top?

http://stockcharts.com/c-sc/sc?s=GLD:$XAU&p=DAILY&b=5&g=0&i=0&r=512&.png
It is not the doing that is difficult, but the knowing


It's the illiquidity, stupid !