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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (7639)	1/10/2008 5:15:14 PM
From: Crimson Ghost	Respond to of 50579

Natural gas looks more interesting than gold here. Still WAY below its high and rallying sharply stockcharts.com

To: SliderOnTheBlack who wrote (7639)	1/10/2008 8:36:34 PM
From: dvdw©	Respond to of 50579

PRICES of ABX back in 2000 37 point run....not a bad buy and hold. Date Open High Low Close Volume Adj Close* 11-Jan-00 17.44 17.81 17.25 17.62 1,914,500 16.18 10-Jan-00 17.44 17.44 17.25 17.31 958,200 15.90 7-Jan-00 17.81 17.87 17.25 17.31 1,199,900 15.90 6-Jan-00 17.75 17.81 17.50 17.75 1,139,300 16.30 * Close price adjusted finance.yahoo.com

To: SliderOnTheBlack who wrote (7639)	1/10/2008 9:34:13 PM
From: JimisJim	Read Replies (1) \| Respond to of 50579

When you say move the stops up tight, what do you mean? 5%, 7%, 3% 0%?-- what's tight? Your new money line suggests the new support is only 7% below 468... if one sets stops at say 2.5% below today's close, the odds of being whipsawed seem quite high -- they run the stops early in the session and then run up again and leave me without any position (not all of us can daytrade as we have day jobs). I'm sitting on 11%-27% gains on my gold miners and GLD, all positions 2-4 weeks old... I am unable to do options in that acc't. What advice can you offer swing traders w/out options available to them? We want to play gold, too, but can't watch our positions all day and must set stops either before or after market and may be able to make a trade or two during lunch or other "down" time not of our choosing during market hours. I can set trailing stops... but again, how tight to maximize potential w/out being whipsawed out of our positions and be left behind? I haven't tried applying dabum's rules for mo-mo trading to gold or miners. Would that work (selling when share price hits upper BB set to 20,1)? Gold and miners are about 25% of my PF at the moment w/ about 20% cash (35% energy) so my risk tolerance is fairly high, but not infinite. Thanks, Jim

To: SliderOnTheBlack who wrote (7639)	1/10/2008 11:11:50 PM
From: bluezuu	Respond to of 50579

Slider, beautiful trading. Has been great to read your explanations as to why you are making moves. I have personally benefited from your understanding. Thanks for being so generous with your knowledge and methodology.

To: SliderOnTheBlack who wrote (7639)	1/15/2008 5:32:21 AM
From: paul ross	Read Replies (1) \| Respond to of 50579

"...Don't think that Central Bankers are just going to sit idly by and watch gold make fools of them all from a headline perch...." When Chaney announced that the US$ would be allowed to seek its own level, some speculated that implicit in that statement was that gold would also be allowed to seek its own level. Do you think that we'll still see announcements of gold sales by ECB's and action by the PPT to, as Greenspan had said years ago, control price of gold should it rise too fast, or has the gold vs dollar /currencies subsided to an extent?