I am short gold

well why did it fall 7 dollars with little retrace? because there was nothing but air from a MAJOR resistance to this support, i put this support as between minor and major
 
Quote from Debaser82:

It's going to 10u dude :-) but Sure there can be big corrections... You bring forward historical moves yourself so you should know gold corrected 50% in the seventies before skyrocketing again... It really is anyones guess here...Good kick.
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Not in bullion nor contracts. The lagging senior miners.

Yeah in a parabola there are sharp moves.. Sometimes of intolerable magnitude. The fat lady at the rodeo, rather than the opera, hasn't sung yet.
 
Quote from efficiency:

Not in bullion nor contracts. The lagging senior miners.

Yeah in a parabola there are sharp moves.. Sometimes of intolerable magnitude. The fat lady at the rodeo, rather than the opera, hasn't sung yet.
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yeah my miners have pe ratio of 15 ...in tech bubble they went to 500if there were any earnings at all ...:-)
 
Quote from Debaser82:

yeah my miners have pe ratio of 15 ...in tech bubble they went to 500if there were any earnings at all ...:-)
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Yeah you're right, there's probably a possibility of the miners to go to 500 times earnings or if no earnings 100 times revenue!
 
Quote from chaykapwr:

great call...the last quarter is a homerun. I think i deserve some respect :)
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For not following your own plan? Weren't you calling for 140, minimum?

Nonetheless, nice job, don't worry about respect, just be happy with the p/l:D
 
Quote from chaykapwr:

great call...the last quarter is a homerun. I think i deserve some respect :)
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You're doing a fine job of pounding your chest, Rodney.


Oh, your defintion of "homerun" and mine differ in terms of magnitude.
 
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