Marketsurfer's bold gold proclamation

[highlifejoker]

Quote from uptik2000:

This article is a good example of how much bad info is out there on the net. I pointed out one mistake, he went back and fixed it, but missed another.

There's no ratio in his ratio spread. He forgot the other leg.

Having fun with photoshop, Uptock? I checked the article, both legs are there. Not sure about the validity of the strategy, but both legs are there. Did these trades make money with the big drop, I don't have option software or quotes.

H!L!J!

<i>Neutral: If you’re a gold agnostic, believing price will simply stay in a tight range, a Call Ratio Spread makes sense. Here is an example:

Buy 13 December 95 calls at $3.90, symbol GLDLQ

Sell 26 December 99 calls at $ 2.70 symbol GLDLU

Your total investment here is $1950.00 and the max gain is $7150.00</i>

 

[uptik2000]

Quote from highlifejoker:

Having fun with photoshop, Uptock? I checked the article, both legs are there. Not sure about the validity of the strategy, but both legs are there. Did these trades make money with the big drop, I don't have option software or quotes.

H!L!J!

<i>Neutral: If you’re a gold agnostic, believing price will simply stay in a tight range, a Call Ratio Spread makes sense. Here is an example:

Buy 13 December 95 calls at $3.90, symbol GLDLQ

Sell 26 December 99 calls at $ 2.70 symbol GLDLU

Your total investment here is $1950.00 and the max gain is $7150.00</i>

I assure you I wouldn't waste my time w/ photoshop. I don't waste time posting here 10x's a day, with multiple aliases. I prefer to focus my time on my family. "A man that doesn't spend time with his family can never be a real man", Vito Corleone

I'm glad you went back and fixed the article.

 

[markyhabs2]

Quote from congoboy:

Of my god, I had no idea some big hitters were on this site. I found this clip about marketsurfer. Anybody know his real name?? Won't be surprised if he is on the forbes list. This is fascinating.

David Goodboy

 

[garymiami]

The guy was recruited by Yahoo Finance, Tradingmarkets.com, and AOL money for commentary and opinion pieces. He has a history of market projections that have been, frankly put, phenonmnenal. I ran a google check of the guy, has called multiple markets to the point close before the fact. Not sure why he isnt posting here any longer, likely a contractual thing with Yahoo.

gary

 

[garymiami]

How would someone trade marketsurfer call of Gold at 600 by 4.1.2009?

there has gotta be major money to be made if this is comes to past. I am willing to bet a small amount on it, however, I have never traded metals, whats the best way?

By the way, marketsurfer has a Yahoo article that nailed the big upmove in DJIA last week.

Gary

 

[daddyeaux]

interesting that the Euro tanked just before Russia decided to do a road trip..

black boxes dumped the winning gold trade as the Euro cracked 150

the dollar still is under the gun even with an election on the way..

not much has changed imho other than a new cold war is on the way

 

[garymiami]

Surfer called the SP today. nailed the downwave. I am not allowed to post the link, been warned by site moderator.

Truly an amazing call. Looks like the gold call is coming to pass too.


Gary

 

[garymiami]

Quote from daddyeaux:

interesting that the Euro tanked just before Russia decided to do a road trip..

black boxes dumped the winning gold trade as the Euro cracked 150

the dollar still is under the gun even with an election on the way..

not much has changed imho other than a new cold war is on the way

Good points. I studied the Marketsurfer writings. He seems to know that the large Gold Funds will be dumping holdings for rest of year. This is serious stuff, time to stay short.

Gary

 

[Clubber Lang]

Quote from garymiami:

Surfer called the SP today. nailed the downwave. I am not allowed to post the link, been warned by site moderator.

Truly an amazing call. Looks like the gold call is coming to pass too.


Gary

MS,

Nobody cares about your never ending "jump in front of a runaway freight train" calls (CROX, HANS, Gold, etc, etc, etc.) Anyone dumb enough to follow your calls would have been insolvent LONG before any of them finally turned and went your way.

ET doesn't miss you. Accept it and move on.

 

[garymiami]

Quote from Clubber Lang:

MS,

Nobody cares about your never ending "jump in front of a runaway freight train" calls (CROX, HANS, Gold, Real Estate, etc, etc, etc.) Anyone dumb enough to follow your calls would have been insolvent LONG before any of them finally turned and went your way.

ET doesn't miss you. Accept it and move on.

I dont know anything about the Hans or real estate call. I know he shorted GOLD at 955 and is calling for 600 by 4.1.2009. I also now CROX collapsed after his call, but he was early. If positioned sized correctly, as I have read in his writings, these trades are killer winners, one and all. Just today he nailed the SP rally on Yahoo Finance. Some group in NY recurited him, he isnt allowed to post here any longer,not sure why, maybe contractual thing.

Surfer trades like a true speculator institutional plunger, read up on his stuff, you may learn something. Position sizing is key and knowing the macro picture. You screen starers, guessers and deludites are miles behind playing the wrong game.

GARY