Posting Trades

[Show-me]

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.

[Spaf]

I believe gold is in a overbought condition.

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

[Bullitt]

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.

[XL-entLady]

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

[teknobucks]

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

[teknobucks]

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?

[XL-entLady]

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

[teknobucks]

ha


never mind just a WAG....lol


like accusing bullit to be leon the professional

http://mysite.verizon.net/vze565gr/i...onalDeluxe.jpg

[XL-entLady]

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

Lady

[etftalk]

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.