SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Welcome to Slider's Dugout
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: re3 who wrote (4584)2/26/2007 11:42:56 AM
From: RonMerks  Read Replies (1) of 50537
 
'you have both open longs and shorts on both metals and stocks...that clarifies it for me, NOT! am i the only one around here that can't follow?'

I think the chart on post #4580 shows it pretty clearly for me. Look how many times the HUI has made a complete round trip from 300 to 350. I think I counted 10 times.

If you bought puts, or shorted stocks each time the HUI hit 350- you collected about 5 times on the corrections back to HUI 300, or below.

If you bought calls, or went long stocks everytime the HUI corrected to 300, or below- you got to buy about 5 times and then cash out and collect the profits if you sold each time the HUI hit 350, or higher.

It's almost as if the sector is being managed, or that's where funds are buying, or selling. It's been like clockwork.

It's pretty obvious that gold and gold stocks have been in a volatile trading range since the blow off top last May. While trading ranges, or channels are nothing new- that chart made it pretty obvious.

Thanks,
Ron

PS- Slider what will it take for Silver (or gold) to break out of this trading range? What technical signal on the charts are you looking for and (since I'm not really a chart guy) what fundamentals are you watching to signal either a new move up, or another collapse down? Fed rate cuts (or a hike?). Mideast War? A recession dropping oil and all commodities? China slowing down, or gearing up?

TIA

And by the way- am I the only one who thinks Sun Tzu looks like Charlie Chan?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News