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Thread: Posting Trades

  1. #11

    Join Date
    Jan 2009
    Posts
    84

    Default Re: Posting Trades

    Quote Originally Posted by XL-entLady View Post
    I haven't been watching it. Should I?

    I'm thinking of selling my SBB (trying to get into something more stable) and buying GLD with an entry point of around 89.5. Comments?

    TIA,
    Lady
    I just don't know.

  2.  
  3. #12

    Join Date
    Jan 2009
    Location
    Checotah, Oklahoma
    Posts
    12

    Post Re: Posting Trades

    I believe gold is in a overbought condition.

    Quote Originally Posted by XL-entLady View Post
    I haven't been watching it. Should I?

    I'm thinking of selling my SBB (trying to get into something more stable) and buying GLD with an entry point of around 89.5. Comments?

    TIA,
    Lady

  4.  
  5. #13

    Join Date
    Jan 2009
    Location
    Upstate NY
    Posts
    142

    Default Re: Posting Trades

    If you play with gold play without stops. Otherwise you're sure to get whipsawed. The only ones who say gold is stable are the ones who want you to buy it because they have an agenda.

    GLD had that little downtrend breakout but there's still alot of overhead resistance points. The gold bugs are salivating over that last technical move like they just won a war, but it's just one battle. It's never easy, those buy points at support and resistance levels are very highly watched. There's probably millions of buy orders set at the next support level and millions set pennies above the next resistance level, it's just who knows how many sell orders it's going to have to chew through to move upwards.
    "Don't let your highs get too high and don't let your lows get too low." Bullitt’s Market Blog

  6.  
  7. #14

    Join Date
    Feb 2009
    Posts
    654

    Default Re: Posting Trades

    Spaf and Bullitt, thanks much for the 'gold' advice! Coming from you two it means a lot.

    Show-me, I'm looking at silver ... maybe ... and will be leaning on your expertise there!

    FYI for others who may be new to the MB: I know these three members from another MB, and when they speak I listen!

    Lady

  8.  
  9. #15

    Join Date
    Jan 2009
    Posts
    77

    Default Re: Posting Trades

    Quote Originally Posted by Show-me View Post
    Anybody like coal, KOL?

    yes
    the obamanationites beat it up...they hate coal...soon as they wake up they will see we need it...esp clean tek cool

  10.  
  11. #16

    Join Date
    Jan 2009
    Posts
    77

    Default Re: Posting Trades

    Quote Originally Posted by XL-entLady View Post
    I haven't been watching it. Should I?

    I'm thinking of selling my SBB (trying to get into something more stable) and buying GLD with an entry point of around 89.5. Comments?

    TIA,
    Lady

    keep the short...or sell it and go 3x down with less $$$ position and buy some gld with difference...i agree tho gld is approaching severe over bot here

    buy gld, ewc & cef when the market tanks or just before the shtf...lol

    * oh it's so gonna splatter all over those fan blades


    wonder woman?

  12.  
  13. #17

    Join Date
    Feb 2009
    Posts
    654

    Default Re: Posting Trades

    Quote Originally Posted by teknobucks View Post
    keep the short...or sell it and go 3x down with less $$$ position and buy some gld with difference...i agree tho gld is approaching severe over bot here

    buy gld, ewc & cef when the market tanks or just before the shtf...lol

    * oh it's so gonna splatter all over those fan blades


    wonder woman?
    Thanks for the advice! .... Um-m-m ... "wonder woman"???

    Lady

  14.  
  15. #18

    Join Date
    Jan 2009
    Posts
    77

    Default Re: Posting Trades

    ha


    never mind just a WAG....lol


    like accusing bullit to be leon the professional

    http://mysite.verizon.net/vze565gr/i...onalDeluxe.jpg
    Last edited by teknobucks; 02-06-2009 at 02:36 AM. Reason: pic


  16.  
  17. #19

    Join Date
    Feb 2009
    Posts
    654

    Default Re: Posting Trades

    With all the talk of agricultural ETFs being the next sexy thing, is anyone watching MOO? Love the symbol. Someone was really thinking.

    Lady

  18.  
  19. #20

    Join Date
    Dec 2007
    Posts
    906

    Default Re: Posting Trades

    Quote Originally Posted by XL-entLady View Post
    With all the talk of agricultural ETFs being the next sexy thing, is anyone watching MOO? Love the symbol. Someone was really thinking.
    I don't know the fundamental story but technically it is improving with the move above the 20 and 50-day MA's, although there is still some overhead resistance. The PMO just gave a buy signal.

    -- Tom | My Trades

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