my first GOLD trade

PuffyGums · Jan 28, 2004

Quote from SethArb:

nice chart ... almost as colorful as harry's

what month do you intend to short ?

What are those concentric rings on the chart? I think they show the Mars rovers flight path to the red planet.

marketsurfer · Jan 28, 2004

Quote from PuffyGums:

What are those concentric rings on the chart? I think they show the Mars rovers flight path to the red planet.

LOL, puffy. those are fibonaci circles.

surfer

marketsurfer · Jan 29, 2004

still flat in gold. awaiting trigger

SethArb · Jan 29, 2004

its sure taking a huge move for that trigger !
did you pull it yet ?

good luck !

easyrider · Jan 29, 2004

Broke major support today

marketsurfer · Jan 29, 2004

we are SHORT gold here from 4024.

hollywood · Jan 30, 2004

You may want to evaluate the reasons for the recent selloff,because the very same reasons that pushed gold to recent highs are still in place.The Fed will continue to devalue the dollar even if they actually raise interest rates.The recent selloff was nothing more than some gum flapping by Greenspan and the ECB.Please exhibit caution here.Goodluck.

anthony_trader · Jan 30, 2004

if your target is $390, what is your stop ?

Quote from marketsurfer:

we are SHORT gold here from 4024.

garbo · Jan 30, 2004

It's makin' me nervous when I see you short, marketsurfer.

I've been long YG since last summer and was not planning on going flat here.

I'm in this one for more of a long-term hold.

What is your time frame and stop?

SethArb · Feb 1, 2004

when APR rallied back above his sale price?

or covered at 400 ?

to be continued