Yaaawn buy GLD on the dip

Quote from stock_trad3r:

No way gold is going much lower.
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You should never utter these words about anything in the markets. Gold just had a HUGE run, it needs to cool off before going higher. GLD will likely be $78 sooner rather than later.
 
Quote from stock_trad3r:

Um nope

GLD up huge today

much more upside to go

OIL also up huge

the dollar is gonna continue falling ]

the new era is here
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That is my Gold sell signal. I am adding to my short position.

Good Luck all
 
Quote from stock_trad3r:

Um nope

GLD up huge today

much more upside to go

OIL also up huge

the dollar is gonna continue falling ]

the new era is here
More...

this is a bull trap... 846 is <b>not</b> the bottom... patience people, might be another month though before we so it pass 850 again
 
Gold falls $100 in ten days and you get excited over an $18 move back up. Too funny.

Oil is hitting new highs. Apples to Oranges.
 
Quote from stock_trad3r:

Um nope

GLD up huge today

much more upside to go

OIL also up huge

the dollar is gonna continue falling ]

the new era is here
More...

consolidation. might have to wait 6 months for 1000 gold again. should blow through 1k when it happens
 
frank grimes


Registered: Feb 2005
Posts: 1230


04-19-06 07:58 PM

ok waited for all participants to answer, was my call wrong? 4/5 stocks I shorted are actually lower than they were on monday. The qqqq's are against me, but by a whole 1.6% my shorts are lower by 4%+. I short charts, not markets. I am still long gld, and gold stocks. What have I missed? When (not if) the mkt turns lower, I am ready, all 1 way players are not. Happy Trading!
 
I say gold $650 would not surprise me. It is essentially when the majority are so sure of a move, that a reversal takes place....we are in deflationary times, but most people don't believe that yet.
 
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