Yaaawn buy GLD on the dip

Quote from makloda:

Gold chart - in my humble opinion - reminds me of the Eiffel tower.. and a very shaky one at that. You must be one hell of a gold bug for interpreting that chart as bullish.
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Look at a 30 year chart and you'll see its legs are a lot stronger.
 
if you're looking 1+ years down the road, this could be a good time to start loading up on gold.

fake rally in the USD and US markets. once fear jumps back into the fray gold will go back up even higher.
 
Quote from wake37:

I love the replys stuck trad3r gets. From his calls he seems to beat the average et resident on average and certainly the overall market. Who cares if he made a bad call on VMW six months ago. Thats what stop losses are for right Ivanovich.

Anyways I dont ever see you make any calls except to call other people out on their call when they are wrong. As annoying as stock trad3r can be { I personally enjoy his perception on the market} he has made some great calls, most recently his call on goog. He is up over 20% on Visa.


I am paiently awaiting your great calls Ivanovich.


WAKE
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hey thanks for your support.
Looks like gold is moving higher as well as other commodities:

Oil 119.44 0.92 0.78
Gold 895.60 5.90 0.66
Natural Gas 11.08 0.12 1.09

I just don't see any catalyst for gold going glower that isn't already priced in.
 
Quote from stock_trad3r:
i
GLD up 1% while market is flat

The dollar ISNT gonna rebound. Don't bet against the Buffets and Sorros


GLD going back to 93...

werd
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I only bet with the market, all these opionions get you in trouble. I expect a certain outcome and if it is correct, I make money just like my gold trade. I posted that chart a few days ago. Apparently, it was that easy this time.

Sometimes when I am confused about a market, I ask my children which direction that they think it is going to go. Since they know nothing about Warren Buffet or Soros, or over analyze the market.. They usually make the correct call. They just say "daddy it looks like it is going down"

Good luck all
 
I'm not long though so I'm not financially impacted by the direction of gold.

But shorting when the chart seems 'at its worst' almost never works out as easily as planned. GLD is down 2% ..if you can make a good profit shorting then will you take it now or wait?
 
Quote from stock_trad3r:

I'm not long though so I'm not financially impacted by the direction of gold.

But shorting when the chart seems 'at its worst' almost never works out as easily as planned. GLD is down 2% ..if you can make a good profit shorting then will you take it now or wait?
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why in the world did you post a trading call if you weren't actually going to do it?
 
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