LOL! Just noticed....
Love how you ‘backdoored’ me into your rant on TRE, bashing of Billy and the drop in gold price. Too bad you missed the follow up post!
Message 22620587
But then again showing just half of the picture makes for better theatre doesn't it? (ggg) DAMN! I hate it when I sell a stock for a profit! Doesn't that bug you when it happens? LOL!
But let me tell you a secret about my trading habits...I always trade with stops, so "just in case" there is a spectacular drop in price, I exit well before and don't take the big ride down!
After all MONEY MANGEMENT is the Number One rule if one wants to be a trader and survive in the markets long-term! LOL! You should try it some time! Just set level at, say 2% of equity, as the maximum loss on any trade, and then set a stop that prevents a greater loss. If the stop gets hit one takes their losses as to not jeopardize the account and lives to trade another day! (ggg)
But now that I am reminded of the Sinclair "put" situation, I have to ask.
1) Did you make any money off of Sinclair and his offer? After all, you could have bought physical, taken Sinclair up on his protective put, sold the Physical and called in the put at the bottom and had your cake and ate it too! I mean really, you spend a lot of energy bashing his views and being a proponent of the downslide, surely you took him up on his 'wrong-side-of-the-market" offer, didn't you?
2) Did you and a bunch of your pro buddies decide to do a "number" on TNX.to to give Sinclair a scare or punish him for his cheerleading? Clearly the stock suffered a greater hit than similar issues and demonstrated an extra 'something' in the September drop. That pattern looked like RGLD did when it got smacked down. Did you make any money off of shorting TNX? (ggg)
BTW - is it time now to short gold and gold stocks?
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