tag:blogger.com,1999:blog-7130708113832839690.post5148238446261276499..comments2023-10-29T02:04:09.499-07:00Comments on Smart Money Tracker: WebinarGaryhttp://www.blogger.com/profile/14556370683669428668noreply@blogger.comBlogger593125tag:blogger.com,1999:blog-7130708113832839690.post-70676052769835352512011-02-11T10:45:15.464-08:002011-02-11T10:45:15.464-08:00Gary,
How do I find and print the story of OLD TU...Gary,<br /><br />How do I find and print the story of OLD TURKEY?<br /><br />TomTommyDhttps://www.blogger.com/profile/12469182759859371727noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-56129586112146850052011-02-10T19:16:07.068-08:002011-02-10T19:16:07.068-08:00aaOLD BLOGGER ACCOUNThttps://www.blogger.com/profile/12394699107678425248noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-48845982351381285652011-02-10T15:48:54.797-08:002011-02-10T15:48:54.797-08:00Who besides Gary is a trustworthy source to be con...Who besides Gary is a trustworthy source to be considered in the panoply of predictive stars?<br /><br />I will start.<br />https://www.kitcomm.com/showthread.php?t=31564<br />AGoldHamster at kitco and his own blog.<br /><br />http://marketcyclesresearch.blogspot.com/<br /><br />QuadG at kitco. <br />Major Market Movements https://www.kitcomm.com/showthread.php?t=41880<br /><br />Of course, Jim Sinclair and Trader Dan as backgrounders<br />www.jsmineset.com<br /><br />Who else?<br /><br />Do appreciate that Gary is imo worth a very serious consideration, and for some here, full trust. Like many here, I make my own decisions, even if it means following someone else.Slumdoghttps://www.blogger.com/profile/03364132794238101607noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-1846106212580940652011-02-10T15:30:26.002-08:002011-02-10T15:30:26.002-08:00The month continues to roll out, still in a setup ...The month continues to roll out, still in a setup for a major off-the-rails move starting as of March 1.Slumdoghttps://www.blogger.com/profile/03364132794238101607noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-75626237894300989502011-02-10T15:26:31.978-08:002011-02-10T15:26:31.978-08:00Gold continues to trade in the earlier, previously...Gold continues to trade in the earlier, previously unclosed gap, 1357-67.<br /><br />Gaps according to others don't exist in 24 x 5.5 trading. However, this recent performance and the last both are indisputable facts.<br /><br />Protest all you wish, the gaps are real, and the outcomes are clearly understandable.<br /><br />Direction traders have been raked.Slumdoghttps://www.blogger.com/profile/03364132794238101607noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-14532685932194718822011-02-10T03:20:17.555-08:002011-02-10T03:20:17.555-08:00NEW POSTNEW POSTGaryhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-12167099587110760942011-02-10T03:13:10.252-08:002011-02-10T03:13:10.252-08:00MLMT ,,, Thanks. Appreciate the explanation ... I ...MLMT ,,, Thanks. Appreciate the explanation ... I can continue to read your posts and give them consideration.Avannhttps://www.blogger.com/profile/16121558128017350264noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-66466565156567782832011-02-10T03:07:01.084-08:002011-02-10T03:07:01.084-08:00Here is a very simple plan one could initiate at t...Here is a very simple plan one could initiate at the open. <br /><br />Take partial profits here. Then if we get the pullback wait till gold makes a higher high before buying back in. At that point we would have a higher high and a higher low. That would pretty much confirm the intermediate bottom and one could then add in their margin with a stop below the lowest pivot.<br /><br />This will mean losing some profit potential but it will also lock in some profits just in case gold is going to make a lower low (which I doubt).Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-70704448238023748262011-02-10T02:21:28.959-08:002011-02-10T02:21:28.959-08:00Looks like it is time to shake out those weak hand...Looks like it is time to shake out those weak hands!Strellsyhttps://www.blogger.com/profile/04587496136030348320noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-32653580364086232422011-02-09T22:06:22.783-08:002011-02-09T22:06:22.783-08:00MLMT: Water under the bridge m from my standpoint....MLMT: Water under the bridge m from my standpoint. Giving reasons and what you base your opinions on, and informational rather than extreme comments, is great as far as I'm concerned. I have to admit that I don't think gold will drop that far and as this is just the start of the rally it would be unfortunate if you talked people out of their positions, but that's what the game is about after all, so let's let 'er rip!DGhttps://www.blogger.com/profile/15668568316531084679noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-31734740599051569502011-02-09T21:29:31.507-08:002011-02-09T21:29:31.507-08:00It certainly wasn't unprofessional or uncouth ...It certainly wasn't unprofessional or uncouth to say you think gold has topped IF you believe that to be the case.<br /><br />But if you call a top in gold on a gold forum, people are going to react. You're throwing down the gauntlet, after all.<br /><br />A number of people, including myself, noted that you've made some very good calls in the past, and your point of view is always taken into account. <br /><br />Having said that, perhaps it was unfair of me to suggest that you could be regarded as a Beanie ;)Davidhttps://www.blogger.com/profile/03084833038198767100noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-36835090956760981532011-02-09T21:25:18.050-08:002011-02-09T21:25:18.050-08:00OH...and my above post is addressing the "may...OH...and my above post is addressing the "maybe that's what we are seeing now".<br /><br />Just that AT THIS POINT, oils up 20% and silver is up 80. Not affecting them now, was my response.ALEXhttps://www.blogger.com/profile/04085157354083302362noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-54389368583613933312011-02-09T21:20:46.826-08:002011-02-09T21:20:46.826-08:00I am sorry and will try my best to be a better beh...I am sorry and will try my best to be a better behaved citizen of this ecosystem.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-3097148100390890112011-02-09T21:19:30.552-08:002011-02-09T21:19:30.552-08:00I am publicly apologizing if my comments ruffled a...I am publicly apologizing if my comments ruffled any one. The comment about Gold and 1400 was unprofessional and uncalled for... I was having a rough day and a lot of comments (unpleasant ones) didn't help the matter. It was very childish of me.... <br /><br />People here have their retirement and life savings on the line in the PM and miners trade... Very much out of line for me to make such a comment... I am no Beanie and dont intend to be one ever. <br /><br />I have learnt a lot from people here and dont want to ruffle any one here.. that is not my intention. My intention is to share a counter side of the trade that most of you have put on... which should in essence only help you as it forces you to think twice about the trade that you have put on.. Thats all.. <br /><br />In the end, I hope we all make money.... In the market, both longs and shorts can make money provided you manage your position size/money well... BAD TIMING AND GOOD MGMT will prevent failure... and bring some sucess... but GOOD TIMING AND POOR MGMT --> guaranteed failure.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-28406102426429227662011-02-09T21:19:13.296-08:002011-02-09T21:19:13.296-08:00Blogger David said...
At some point I would t...Blogger David said...<br /><br /> At some point I would think that oil prices will be a drag on the miners. Maybe that's what's happening here.<br /><br />Just a thought...<br /><br />..not really likely. Think about this...from Aug to now Oil is up 20% , and silver is up 80%!<br /><br />So you pay a bit more for your oil, BUT...you are making the same profits as last year in silver.. plus 80%.<br /><br />So your Silver company pulls 10 million oz's out of the ground last year...<br /><br />$17/oz = $17,000,000.00--- using the same equipment (thats paid off) , same employees at close to the same wages...costs roughly the same as last yr maintainence wise, but oh...oil went up 20%. so Gas from $2.50 is up 20% to $3.00.<br /><br />Now your 10 million oz's is worth almost double at $30/oz...is $30,000,000.00, with about the same costs ( unless they explore,acquire .etc)<br /><br />Not very likely you are seeing anything but more profits , even when oil and gas are up 20%ALEXhttps://www.blogger.com/profile/04085157354083302362noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-47702281107173269362011-02-09T21:18:51.987-08:002011-02-09T21:18:51.987-08:00MLMT,
no worries ; )MLMT,<br /><br />no worries ; )Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-29308417927415477392011-02-09T21:15:36.994-08:002011-02-09T21:15:36.994-08:00Gary is right that if you try to trade these wiggl...Gary is right that if you try to trade these wiggles you will end up losing money.<br /><br />That is precisely the reason why I am flat right now... I will not be long PMs till gold gets to 1160 level.... <br /><br />As for stocks, I see a nice down day tomorrow. But we will go back up again next week to put in an intermediate top.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-62585254052059370982011-02-09T21:14:20.547-08:002011-02-09T21:14:20.547-08:00FWIW I do not trade silver. I traded it only once ...FWIW I do not trade silver. I traded it only once using SLV puts during the first down leg from SLV=30-ish to SLV=26-ish <br /><br />That was my first and last SLV trade. The movements in SLV and silver are erratic. Also, gold is much more behaved IMO than silver as far as my analysis goes.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-55085986767593800662011-02-09T21:12:16.128-08:002011-02-09T21:12:16.128-08:00Ok. I got ruffled a bit today with all the comment...Ok. I got ruffled a bit today with all the comments made at me and got carried away... <br /><br />I will take back the gold and 1400 line... All I want to say is that gold will trade much lower, possibly down as low as 1150 or so before it may go higher ... thats all... I still believe that there is fair chance that gold saw its peak.. but that is just mental masturbation... thats all.. However, 1150 before 1400 is based on the price patterns that an intermediate correction takes in any asset class.<br /><br />As for me, I was positioned short gold from 1426 and covered at 1360. I wanted to short the next spike that went to 1424... It never hit my price level and when I woke up in the morning it was too late to get on board. <br /><br />I shorted GDX at 64 and covered at 58.<br /><br />Presently I am flat. I see some downside this week.. But remember the 1396 level I spoke of several weeks back. IMO, we will see that level in NYSE hours before we head back down again. That is when I will short... If we do not get there then fine.<br /><br />I will go long around 1160 with stop under 1130.<br /><br />As for GDX, I will short around 59 area... and cover around 48 (gold = 1260-ish) where we should get a nice bounce and hence go long.<br /><br />Finally I will go long GDX and miners big time when GDX hits 44.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-69639490824658931502011-02-09T21:06:07.376-08:002011-02-09T21:06:07.376-08:00I was thinking if the gold market is going to reac...I was thinking if the gold market is going to reach our target say 1600-1800 do you think it would make sense for the market to correct well below 1300 (say 1260-1240) to shake off the loose hands and any bullish sentiment?<br /><br />I believe this type of correction would give us the added strength to reach our goal as oppose to a weaker correction above 1300.<br /><br />If you look at other bull runs like the nasdaq in 1998 it had a deep correction before it may its final run to the top in 2000. I'm sure there are other examples. <br /><br /><br />Just trying to make some sense on the direction and timing of the market...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-12929514814354892362011-02-09T21:02:45.963-08:002011-02-09T21:02:45.963-08:00Folks, dont discuss M... discuss PMsFolks, dont discuss M... discuss PMsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-91308880765120500162011-02-09T20:05:19.022-08:002011-02-09T20:05:19.022-08:00MLMT:
I believe you mentioned in the past you loo...MLMT:<br /><br />I believe you mentioned in the past you look @ volume profiles.<br /><br />Now having made a call of Gold not crossing 1400 (atleast in the near future), can you elaborate on What you are seeing?<br /><br />I guess, we would all love to hear the WHY behind your call.<br /><br />Thanks,Nickhttps://www.blogger.com/profile/05224566348172561930noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-30985964139786565502011-02-09T20:02:47.532-08:002011-02-09T20:02:47.532-08:00At some point I would think that oil prices will b...At some point I would think that oil prices will be a drag on the miners. Maybe that's what's happening here.Davidhttps://www.blogger.com/profile/03084833038198767100noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-54656067154136335522011-02-09T20:00:09.183-08:002011-02-09T20:00:09.183-08:00If you look at the last launch out of a seasonal l...If you look at the last launch out of a seasonal low, miners were much slower to respond than the bullion. At the time, I really did not get that, but it seems to be happening again.Brianhttps://www.blogger.com/profile/10099880301231491806noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-28833635981447084412011-02-09T19:48:28.838-08:002011-02-09T19:48:28.838-08:00One thing I will offer is that silver stocks aren&...One thing I will offer is that silver stocks aren't leading the metal. SIL in particular has retraced only half the decline, while silver itself is close to making new highs. <br /><br />This supports the bear case.Davidhttps://www.blogger.com/profile/03084833038198767100noreply@blogger.com