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| nikoschopen 2,824 posts msg #59442 - Ignore nikoschopen modified |
2/1/2008 4:29:29 PM I got out of GLD eons ago with a decent profit. But I ain't too sure about shorting the damn thing here. It's still above the trendline and the Keltner/Bollinger bands look pretty bullish. I'm also thinking that it just might put in a double-top pattern within the next few days. I would short near the top with a tight stop. BTW, line chart sucks! LOL |
| johnpaulca 12,036 posts msg #59463 - Ignore johnpaulca modified |
2/4/2008 10:29:51 AM GLD....gapped down this morning and heading towards 86.56....will cover and play the bounce long. 
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| nikoschopen 2,824 posts msg #59464 - Ignore nikoschopen |
2/4/2008 12:47:27 PM I'm more convinced that it will head back up to it's previous high now that it gapped down. IMHO |
| johnpaulca 12,036 posts msg #59483 - Ignore johnpaulca modified |
2/5/2008 10:09:10 AM GLD...still tanking...heading towards price target. Cover....going long...$87.75 |
| nikoschopen 2,824 posts msg #59484 - Ignore nikoschopen |
2/5/2008 12:20:23 PM Is there a direct correlation between equity and gold? Hmm, some unwholesome food for thought. At any rate, the $USD is gaining ground over Euro, up over 1%. |
| nikoschopen 2,824 posts msg #59485 - Ignore nikoschopen |
2/5/2008 12:39:35 PM Latest broken news: 02/05/2008 12:17 *DJ Fed's Lacker Doesn't Expect Severe Recession 02/05/2008 12:17 *DJ Fed's Lacker: Uncomfortable With Inflation Picture 02/05/2008 12:17 *DJ Fed's Lacker: Recent Econ Data Have Raised Downside Risks 02/05/2008 12:17 *DJ Fed's Lacker Sees `Sluggish' Econ Growth For 6 Mos 02/05/2008 12:17 *DJ Fed's Lacker Expects Job Growth To Be `Lethargic' 02/05/2008 12:17 *DJ Fed's Lacker: Further Easing May Be Warranted 02/05/2008 12:17 *DJ Fed's Lacker Sees Possibility Of Mild Recession (Source: Dow Jones Wire) |
| johnpaulca 12,036 posts msg #59486 - Ignore johnpaulca |
2/5/2008 1:32:47 PM We are still booming in Calgary, my house has more than doubled in price in the last two years. We have a very strong oil based economy with huge labor shortage. Wouldn't wanna be living in the US now although I loved it when I lived in Florida. |
| rtucker 318 posts msg #59487 - Ignore rtucker modified |
2/5/2008 3:57:58 PM Taking a bite out of SDD (short smallcap600) before the close. Let's retest those lows. Wishful thinking ! I am also shorting johnpaulca's house! Johnpaulca, in a year or so sell your place, swoop down and buy a mansion on the cheap in beautiful south Florida. I hear other non US'ers are doing just that. |
| johnpaulca 12,036 posts msg #59488 - Ignore johnpaulca |
2/5/2008 5:03:59 PM When I retire...I am a little young to retire...maybe when I turn 40 I"ll buy a house on South Beach and enjoy the sun and candy for the eyes (-: |
| johnpaulca 12,036 posts msg #59494 - Ignore johnpaulca |
2/6/2008 9:45:42 AM CCJ...had great numbers today...will trade some today...31.50 |
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