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Gold/Mining/Energy : Gold Price Monitor

GDXJ 113.78

-1.2%

Dec 31 4:00 PM EST

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To: Rarebird who wrote (102857)	7/13/2016 9:00:02 AM
From: Fintas	Read Replies (3) of 116837

I put up a gold chart. Not sure why you are ranting about my SPX 1458 number. Re the 3 years. I'm the first to point it out!!!! I'm in no rush no more than I have been with my GE is going to 34.02 presented back in 2010. The same GE that offered 5 times for the 27 call from last Fall. Or the BAC is heading to 9 presented after it hit 18. So far 10.99 before the bounce. Yet that 9 is coming. I'm in no hurry. I know what my plan is. But back to that SPX call of 1458 and numbers that have to be hit above that offer opportunities. I have had 3 plays of the spx puts that have done 120-140% since I suggested that SPX 1458. I've had one with the SPY that did 140%. Meaning opportunities exist to the down as I wait. I'm also on record I write deep in the money calls around my core where applicable. CAT was one from it's highs I don't get caught up sitting on my hands. I understand my numbers and how to utilize. in both directions. Hell I've been discussing 2106/2269 as long as I've discussed 1458. And if you understood my work which it appears many do not. I've stated I'd have to see a 2430 before I'd not consider under 1343. I've also stated it's IMPOSSIBLE to get to 2430/2500 without a 3 box retrace of the larger value boxes. I have not changed that view. IT's IMPOSSIBLE.. SO iIF you understand my work then you will understand 1458 is still in play. PUSH IT HIGHER. I've SPX PUTS to buy. OR 972/1458/1944.. a retrace of 3 of 486 is not happening. BUT ya can't go from 486/972/1458/1944/2430 without a retrace of the 243/162 before hand. That means to me while many focus on this 2150. I focus on the opportunity to exploit as they push the spx up and drop premiums of puts that I have worked numbers to reasonable downside.. Back to GOLD. and your overall opinion regarding time.. I disagree.. My first buy was in at 167 long ago. There are those of us who can ignore time frames. I sold it all just above the 1900. On an aside I hold some 20k of silver in the 2 dollar range. You are a trader. I am not. However recent GOLD upside calls were presented apprx a year ish ago. But the sleeper wasn't that GOLD call to the recent 1350 to 1405/1450 but the NUGT calls off the 18-20. Now to the downside? The retracement will be within the next year. Play it as you want or ignore it. Finallly it appears I'm annoying you so I'll not present anymore numbers/opinion on your site. It was due to your invite I began posting. I'll now cease because you are annoyed. I didn't put that long term gold chart up to get kudo's for my gold call but to SHOW how it peaked.. and how it stepped down to also allow those interested to understand the move up and down The area from 1682 to the 1512 offers significant resistance that will have to be addressed and that takes time. Fintas

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