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Another Weak End


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posted this on wrong thread.

 

still dong NEM as indicated on IDS. i realize news is noise, but there's some serious complications brewing in ME: syria and iran get warnings from rummy, there are anti-coalition/zionist protest marches in many ME cities, israel ups alert status for chemical attacks, debka reports saddam had WMD hidden in syria and they have been moved to witihin striking distance of israel, WMD could be used against our troops, two iraqis planned attcks against american interests thwarted. yikes! what is happening now may be a paradigm shift - the world may be changing - maybe its not just news.

 

i have very small equity positions, plus NEM. there is nothing wrong with taking a gold position (literally as insurance) and being mostly in cash. im gonna stand aside here -and im gonna start adding to physical gold holding - with the world changing and the FED stance, i just cant see what is gonna take gold down over the longer term.

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First of all, have a great weak-end.

 

Did you guys/gals see xau and hui today. WOW!!

 

Maybe the gold market knows something?

 

I remain net short but, not by much.

 

A direction should be givin next week. I presume that direction is down but, have an open mind.

 

A break of 841 or 900 will show us the way, IMHO.

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Here Comes Gold !?!

 

Bought Miners all day with both hands.

Some unbelievable charts setting up.

Tight Stops.

 

Plunger

...and what better place for positive TA signals to be generated on them but in a low-risk buy zone

 

http://www.gold-eagle.com/charts/goldheart.html

 

Loaded up on RANGY around midday.

 

Will buy more if proven correct, on pullbacks.

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Take a letter Maria-

 

Maria-

 

Kudlow has no shame for a guy who has been dead wrong about everything

throughout this bear market.

 

He has zero credibility, and if you don't call him on his track record,

neither do you.

 

By the way, your chortling when GE hit 27 was a short sale signal. It is

disgusting that people who think of themselves as unbiased reporters should

be allowed to have an ownership interest in the stories they are covering.

You should all be forced to divest every stock you own.

 

Doc

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Here Comes Gold !?!

 

Bought Miners all day with both hands.

Some unbelievable charts setting up.

Tight Stops.

 

Plunger

...and what better place for positive TA signals to be generated on them but in a low-risk buy zone

 

http://www.gold-eagle.com/charts/goldheart.html

 

Loaded up on RANGY around midday.

 

Will buy more if proven correct, on pullbacks.

 

pd,

 

good trading again! you're a stud trader. :)

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Machine,

 

Last week or early this week you asked my opinion on gold. What is your opinion, at this time?

Uncertain. Would like to see more negativity ... "gold bull market is over" pronouncements. Then i would buy with both hands.

 

A test of $300 would be very decisive, but I doubt we will be lucky enough to get such a clear-cut buying opportunity.

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Guest The CoinGuy

Holy Smokes,

 

Just got in...

 

Even The CoinGuy can't help but put a little smile on today. I agree with PD's take will add on (successful) retests. Although my position is already what some might define as HUGE. Made up 20% of that QQQ hit today.

 

Off to take a look at the charts, Have a good weekend all...

 

:D

 

P.S. Mousey, see you escaped the trap, glad to see you posting

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Take a letter Maria-

 

Maria-

 

Kudlow has no shame for a guy who has been dead wrong about everything

throughout this bear market.

 

He has zero credibility, and if you don't call him on his track record,

neither do you.

 

By the way, your chortling when GE hit 27 was a short sale signal. It is

disgusting that people who think of themselves as unbiased reporters should

be allowed to have an ownership interest in the stories they are covering.

You should all be forced to divest every stock you own.

 

Doc

Fokker thumps the table hard enough to hurt his wrist, "HERE HERE!"

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Machine,

 

Last week or early this week you asked my opinion on gold. What is your opinion, at this time?

Uncertain. Would like to see more negativity ... "gold bull market is over" pronouncements. Then i would buy with both hands.

 

A test of $300 would be very decisive, but I doubt we will be lucky enough to get such a clear-cut buying opportunity.

Tanks Bud. :D

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