21 replies to this topic

[senorBS]

morning, maybe we leave a little island bottom and make a muy importante bottom? Senor will drink to that! The pitcher of margs is primed and ready. BS is beautiful Senor

[johngeorge]

The "nose" knows!!! Congratulations Senor. You've done it again. And yes, I have GDX and added to my position Friday. Sipping coffee.

Best to you

Edited by johngeorge, 16 June 2008 - 08:39 AM.

[tradesurfer]

starting to look like an El Grande good call ... lets see if they can break the neckline of the inverse H&S this month... Daily Macd still needs to turn up. I do believe when and if gold goes above 1000 again it will be EL GRANDE GRANDE norte... then no time to sip margaritas, but instead hold handle bars for the ride of our lives...

[SilentOne]

I'm short again starting a position this morning in HGD.TO @ 10.40. cheers, john

[senorBS]

starting to look like an El Grande good call ... lets see if they can break the neckline of the inverse H&S this month...

Daily Macd still needs to turn up.

I do believe when and if gold goes above 1000 again it will be EL GRANDE GRANDE norte... then no time to sip margaritas, but instead hold handle bars for the ride of our lives...

Senor is laughing is sombrero off at that amigo! The Margs make that ride so mucho easier! Senor agrees that if this is the "one" then we might go way, way norte of 1000. Senor will of course take it one step at a time. Bueno trading to all.

NO BS

Senor

[senorBS]

I'm short again starting a position this morning in HGD.TO @ 10.40.

cheers,

john

What is "HGD.TO", and if you are shorting the gold sector that is in Senor's opinion a muy risky and low odds move at this time - FWIW.

BSing away

Senor

[johngeorge]

I'm short again starting a position this morning in HGD.TO @ 10.40.

cheers,

john

And that's what makes a market. Good luck to you............................................and me.

[SilentOne]

HGD.TO is a 2x short gold miners index. So I'm long HGD.TO again which is a short play on the HUI and XAU. I shorted when the HUI was hovering around 435 and closed the position last week with HUI at 400. The HUI is putting up a fight at HUI 400. But the weekly charts are all on sells. Good luck. cheers, john

[Tor]

i believe john is right and we need another fast move down. then tor will start to initiate some positions. the bulls appear to early on this one, but heij....good luck! i believe those looking for upward progression ould be better off scaling in here, slowly rather than quickly. 2 weeks window here. this is just my opinion. I respect a lot of the good traders and calls made here, but my personal view, based on my cycle work and wave count.

Edited by Tor, 16 June 2008 - 10:38 AM.

[dougie]

not sure how you do it, but Andale andale, Aribab ariba, norte norte! the yen: gold ratio is tied at the waist imo. the yen lloks like down could well be over in here nearbye despite desperate efforts to keep the carry alive, i think housewives have wearied of the overseas currency game, and want to shop at home some more in Nihon