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

To: SliderOnTheBlack who wrote (18029)	7/9/2009 11:17:16 AM
From: SliderOnTheBlack	3 Recommendations Respond to of 50506

Not a bad little trading pop here... GDX up +2.61% and all 5 stocks I added yesterday are up more than the GDX: [I am stepping in and buying a few shares for a trade today (AUY MFN SLW CDE HL) to see if we get a bounce off key HUI/GDX support.] AUY + 4.14% MFN + 4.34% SLW + 2.95% CDE + 2.66% HL + 8.26% Not due to any particular mystical abilities, just the charts, and knowing that these shake outs always run the little guy first and foremost. And they will always chase the same stocks they just got shaken out of, on the bounce. So you buy those stocks first into the shake outs. No schadenfreude intended, just a reality. Shaved 1/2 for a day trade, and will let the other 1/2 run to see if we can challenge HUI 360ish on this bounce. This is still a market being propped up on Kool-Aid & talking points, and if the DOW rolls over, so will pm stocks. Skimmed a couple of the permabull gold bug boards and sites this a.m. - always interesting to see what this months "episode" of "Permabull 24" is going to bring. No bank holiday, no hit men taking out the COMEX, and no gold spike off Armstrong & Alf's "magic numbers" for June... I guess we'll just have to stay tuned to see what the July episode brings... Who writes the best serial cliffhangers? The scriptwriters on 24, the Batman show from the 70's, or the gold bug permabulls ? Same Bat Channel - Mo Later, SOTB PS: Nat Gas acting well, but the DOW needs to hold up.

To: SliderOnTheBlack who wrote (18029)	7/15/2009 10:09:58 AM
From: SliderOnTheBlack	6 Recommendations Respond to of 50506

Gap Up = ? Last Wednesday we got a big sell off into the opening... Message 25768470 I sold puts on the first retrace to HUI 315ish and GDX 35, so I'm not looking to sell any more puts, here at the same level. But I am stepping in and buying a few shares for a trade today (AUY MFN SLW CDE HL) to see if we get a bounce off key HUI/GDX support. Not loading the boat, or backing up the truck... just a trade. And today we got a big gap up into the opening. What a difference a week makes... HL up +25% SLW + 15% MFN + 15% CDE + 16% AUY + 15% I added some extra shares looking for a trade, and now we got one. Gotta ring the register this morning on a nice double digit up day in gold, big down day for the dollar, and a nice gap up open for gold & silver stocks, because it's just too damn hard to get those 3 to come into perfect alignment, and when they do, if you were "in for a trade"... it's time not to get greedy, and to stay focused on getting out for a profit. Not bad for a weeks work. Back to core hold, and letting the rest run. And thinking about rotating some of those trading profits into more UNG here. Natural gas is setting up a nice bottom formation here... great risk:reward imho. sliderontheblack.com UNG was up big, +4% yesterday on 3 consecutive down days for oil. Nice bottom continuing to form on Nat Gas. And it's soft today. Did you guys see this? A little stealth drain from the Professor? Let's see if they take profits on this prop job, and then roll the market over here, so the public will cry out for yet another stimulus package in the fall... a vote they will use to extort the approval of Cap & Trade and/or the Health Care bill. * Watch to see if "they" spike oil again. Because that will will help rollover the market and set up the 2nd stimulus and a Cap & Trade extortion passage in the fall. I don't like the "games" going on both in and outside the market here. It's a dangerous tape in both directions. Gotta smoke 'em when you got 'em. Back to core holdings. Trade paper to accumulate more physical and silver still looks too cheap here. Mo later, SOTB