GOLD has topped !

[SethArb]

no way this is bearish news ...

and good timing if it starts later this yr
and if prices go lower


www.centralchronicle.com/20060917/1709161.htm

 

[SethArb]

hi edward ...

for short term traders - arb - scalper - spreaders

it is still a good market to speculate in

but yes ... long term buyers or sellers have been feeling gain and or pain

depending on the direction in recent months of the yellow metal

and the leverage they have used

 

[niceneasy]

did some of your faja's die in schmelting accshidents?

i looooooooooove gold....

 

[acronym]

http://www.elitetrader.com/vb/showthread.php?s=&postid=1182454&highlight=i+love+gold#post1182454

 

[niceneasy]

aaaaaaaaaaaaaahhhhhhhhhhhhhhhhhhhhhaaaa

lol

i love that movie....

 

[RXIS]

why didn't I just stay in long instead of trying to be a short term trader?
darn

 

[Cutten]

Quote from 2gtt:

now that Oct Gold hits an intraday low of 570, how do you feel now?

"should probably take this call seriously"=
a) i like to tell other people what to do
b) no one takes me seriously before

all my systems say to stay out of this market. maybe i am wrong too~

Edward Kim
2GTT, LLC

Chances are he is already out.

 

[illiquid]

Quote from RXIS:

why didn't I just stay in long instead of trying to be a short term trader?
darn

Feel better now?

 

[Rearden Metal]

Quote from Cutten:

Chances are he is already out.

Nope... it's an unleveraged, long term investment, not a leveraged-up short term trade. I originally got long in late '00-early '01 at $255-270.
( For the inevitable losers who will claim I'm lying, check this: http://www.elitetrader.com/vb/searc...by=lastpost&sortorder=descending&pagenumber=3 Ever since I started posting here in early '03, every time I've mentioned gold has been a bullish comment.)

I sold 30% into the spike in mid-April at $630, and have been slowly buying it back as gold sticks relatively close to the May highs.

 

[illiquid]

Do metals even have a flight to safety component anymore?