tag:blogger.com,1999:blog-7130708113832839690.post5557251856098132037..comments2023-10-29T02:04:09.499-07:00Comments on Smart Money Tracker: CHANGE OF CHARACTERGaryhttp://www.blogger.com/profile/14556370683669428668noreply@blogger.comBlogger55125tag:blogger.com,1999:blog-7130708113832839690.post-61491325877951656452010-06-16T19:01:44.684-07:002010-06-16T19:01:44.684-07:00I need a separate site so I can track traffic that...I need a separate site so I can track traffic that my business partner pulls in with his marketing efforts.Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-46114872646029003762010-06-16T18:58:45.980-07:002010-06-16T18:58:45.980-07:00IS this a copy of Goldscents blog:
http://www.gol...IS this a copy of Goldscents blog: <br />http://www.goldscents.blogspot.com/<br /><br /><br />whats the point??Qnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-54901965504871012010-06-16T18:51:16.191-07:002010-06-16T18:51:16.191-07:00Flash TK is again shorting gold. This is the same ...Flash TK is again shorting gold. This is the same guy that just got runover trying to short GDX.<br /><br />This guy just is unable to learn from his mistakes.<br /><br />On the other hand when he finally loses enough money and decides to go long it will be our que to take profits.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-49491627070149851582010-06-16T18:30:41.046-07:002010-06-16T18:30:41.046-07:00Anon at 5:18, I think most of us are longer term t...Anon at 5:18, I think most of us are longer term traders; we tend to ignore the daily squigles. I'll start paying more attention when GDX breezes by 55.LowTaxhttps://www.blogger.com/profile/01099351857921241386noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-25458472026701362782010-06-16T17:18:01.496-07:002010-06-16T17:18:01.496-07:00Not a lot of comment regarding the today's pri...Not a lot of comment regarding the today's price action for GDX vis-a-vis both SPX and GLD. Would have thought folks would be making a bigger deal of it. <br /><br />The line chart of daily closes for GDX also appeared to clear a notable horizontal today.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-51878227451521513852010-06-16T15:59:47.623-07:002010-06-16T15:59:47.623-07:00"I expect we will have a bit of a buffer to e..."I expect we will have a bit of a buffer to exit our mining positions even after gold has clearly topped."<br /><br />Typically the markets are anticipatory -- they forecast recessions, etc. For the market to lag what's happening in the real world would be pretty unusual. <br /><br />I'm not saying it's not going to happen this time, but I wouldn't bet the ranch on it. We are a long way from that moment, so it's not a pressing issue, but the only way you can truly lose money in a bull market (other than trading) is to overstay your welcome.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-42447739817607672262010-06-16T15:47:01.399-07:002010-06-16T15:47:01.399-07:00The gold:XAU ratio took a historic beating during ...The gold:XAU ratio took a historic beating during the crash. It has been gradually trying to work it's way back to more normal valuations ever since. But it's not an overnight process. <br /><br />Eventually miners will completely recover as the bull progresses.Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-7307975384759988212010-06-16T15:43:20.874-07:002010-06-16T15:43:20.874-07:00Hi Gary,
GDX is definitely lagging GLD...
look for...Hi Gary,<br />GDX is definitely lagging GLD...<br />look for GDX to print 66, ( +20% from current 55 highs) this year. imo.zstockhttp://disqus.com/zstock/#mainnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-2059654668550691392010-06-16T14:00:18.971-07:002010-06-16T14:00:18.971-07:00Actually during the last gold bubble in the early ...Actually during the last gold bubble in the early 80's it was the exact opposite. Miners topped almost 6 months after gold. <br /><br />At true bubble tops the dynamics are different than normal C-wave tops. During the 1st and second phase of the bull smart money will start to take profits as a C-wave matures. They understand the law of regression to the mean. This often leads the miners to top slighty before gold.<br /><br />However at a bubble top it is manic public buying driving the rally. The public never sees the top and they just keep buying even after the end is clear to smart money. <br /><br />I expect we will have a bit of a buffer to exit our mining positions even after gold has clearly topped.Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-62021170728161231802010-06-16T13:50:33.839-07:002010-06-16T13:50:33.839-07:00You will know gold is in its terminal stage when i...You will know gold is in its terminal stage when it doubles in the space of a few months. <br /><br />This is the classic parabolic top a la the Nasdaq in 2000. <br /><br />In other words, if gold goes to $2400 by year-end 2010, sell and never look back. (I don't think this is going to happen, it's just an example)<br /><br />My guess is that gold goes to $2500 over the next 18-24 months, then doubles again to $5000 in the next four months after that. But these are just guesses. Gold may slowly grind its way to $4000, then quickly double to $8000. The numbers don't matter: it's the pattern that you have to watch for. <br /><br />However, if you are in PM stocks, you will see them falling even as gold is rising, because they will be anticipating the final top. This will be another sign that the bull is ending. Rocketing gold & falling miners = the end. <br /><br />Toward the end, pigs will fly: the stocks of the stupidest, flimsiest exploration companies will soar. But these will also be the first to blow up and crash at the very end: they are the canaries in the coal mine. Watch for them. <br /><br />None of this has happened yet.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-37040314646312555352010-06-16T09:02:11.319-07:002010-06-16T09:02:11.319-07:00Gold is doing EXACTLY what it needs to do in order...Gold is doing EXACTLY what it needs to do in order to keep the bull going. Even those that KNOW gold will go higher in the next decade are out of gold, because 90% of people or higher are active traders. Gold goes up enough to warrent some attention, but quickly consolidates for an extended period of time to throw off the traders, then surges, and then throws off traders again. Gold at $5000 is almost a given. Gold at $10,000 is the real problem. That is do you sell at 5k or 10k? Just need time and it will hit. <br /><br />Why would anybody want to sell or go short is beyond me? LOLAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-5785498551368054672010-06-16T08:47:44.777-07:002010-06-16T08:47:44.777-07:00So far here in the US it's about 95% ads wanti...So far here in the US it's about 95% ads wanting to buy your gold. That's smart money trying to separate the ignorant public from their gold for pennies on the dollar.<br /><br />Once I see all the ads wanting to sell me gold then we'll know we are heading into the final stages.Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-29094072955778698632010-06-16T08:43:44.959-07:002010-06-16T08:43:44.959-07:00Hy Garry,
just wanted to report as we discussed wa...Hy Garry,<br />just wanted to report as we discussed way back when Gold gets in the news than its time to sell, that i sighted the first billboard ad for a company buying and selling gold in my city (frankfurt,germany). And on TV there is a spot getting aired more often with a guy saying i will buy your gold...<br />If the Masses start to jump in now it seems a bit early in my opinion.<br />But still non of my friends are talking about it :=)Alexnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-23678184251173580862010-06-16T07:18:16.422-07:002010-06-16T07:18:16.422-07:00ANON 7:14
uh huh!!!!...ANON 7:14<br /><br />uh huh!!!!...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-18291000393379512672010-06-16T07:15:10.161-07:002010-06-16T07:15:10.161-07:00Gary
I like yeller and do believe it will go highe...Gary<br />I like yeller and do believe it will go higher...much higher...i am short yeller against other commods and markets...I would never be straight short yeller...<br />I just do not think the time is right to go all in long gold right here...<br /><br />DG out...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-5769106387829898772010-06-16T07:14:49.864-07:002010-06-16T07:14:49.864-07:00Anybody else notice that all the Miramars, Dollar ...Anybody else notice that all the Miramars, Dollar boys, GG's and assorted Guru traders all seem to eventually fade away never to be seen again while all us "Old Turkey" types just keep making money :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-75580244130167281912010-06-16T06:50:45.178-07:002010-06-16T06:50:45.178-07:00Just to throw my two cents in :)
There is a massi...Just to throw my two cents in :)<br /><br />There is a massive bull market working that dwarfs any momentary double top.Garyhttps://www.blogger.com/profile/14556370683669428668noreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-18711731879575575222010-06-16T06:33:03.825-07:002010-06-16T06:33:03.825-07:00ANON 4:00
You obviously are missing the big pictu...ANON 4:00<br /><br />You obviously are missing the big picture here...you just keep concentrating on my short gold position...it is only a part of my portfolio...you need to pay attention to what has been going on for the last 6 months...just go back and read the posts w/o blinders on...<br />There is no need to pile on when someone loses money in ONE position...I would be very careful with your most unstable ego here...<br />I hope everyone makes money except for those bastard @ GS...<br />You should worry about your gains instead of my gold loss for now...<br />There is still a very large double top in gold still working...patience here...<br /><br />DG out...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-13879506544166714952010-06-16T06:28:54.133-07:002010-06-16T06:28:54.133-07:00I love Zerohedge
http://www.zerohedge.com/article/...I love Zerohedge<br />http://www.zerohedge.com/article/morning-gold-fix-june-16-2010<br /><br />Advise :Think for your selfAlexnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-37289161706647951072010-06-16T04:00:45.896-07:002010-06-16T04:00:45.896-07:00DG's strategy is a loser, even if some like hi...DG's strategy is a loser, even if some like his posts. Simple, he has the most size on in his worst trade, proven by the fact he has "averaged up" quite a bit (sold more short) in a losing trade. Recipe for disaster, especially since gold is the last and strongest bull market.<br /><br />No apparent edge, and definitely poor risk control results in one of the 90%+ traders that lose money...guaranteed.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-85159095706115328702010-06-16T03:45:22.597-07:002010-06-16T03:45:22.597-07:00Looks like wrong way TK is about to get run over b...Looks like wrong way TK is about to get run over by the bull again for the umpteenth time.<br /><br />Talk about not being able to learn ones lesson. LOL<br /><br />Anyone wanna bet he shorts this market all the way up? Anyone?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-71151054100802887062010-06-16T00:26:36.945-07:002010-06-16T00:26:36.945-07:00Look I am a moron. I already know! For those that ...Look I am a moron. I already know! For those that say, hey Rehab, you are a freaking idiot...I will fully agree.<br /><br />The problem is this. Trading does't make money over the long run. Metals is a bull until jerks like me sell otherwise. <br /><br />Signed the MoronREHAB Moronnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-78118107229498416072010-06-15T20:51:14.174-07:002010-06-15T20:51:14.174-07:00Regarding Dawler Guy...
I'm one of the Anons ...Regarding Dawler Guy...<br /><br />I'm one of the Anons who appreciate Dawler Guy's postings here. I think he's honest. If yeller is moving against him, he says so. Seems to me, those who jump on DG have an unhealthy relationship with the market. They look to it for validation, rather than simply making money. If they were truly long-term winners, they'd be serene and respectful... just like Gary is.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-8477425809421284202010-06-15T17:20:26.387-07:002010-06-15T17:20:26.387-07:00Calling out DG has nothing to do with one "up...Calling out DG has nothing to do with one "up day in gold" for most people here, as they are long term holders, and many are up quite nicely over the last several months.<br /><br />Guys like DG that make day to day calls can be held accountable for those, as reflected in their P+L.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7130708113832839690.post-45700896239958925672010-06-15T14:26:06.792-07:002010-06-15T14:26:06.792-07:00Seems as small to jump in DG's face on an up d...Seems as small to jump in DG's face on an up day for gold and SPX as it was for him to crow about his plays when gold was down and the dollar was up.Anonymousnoreply@blogger.com