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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: pezz who wrote (64049)	6/1/2010 11:57:48 PM
From: TobagoJack	1 Recommendation Read Replies (1) \| Respond to of 217561

hello pezz, report on just-now actions <<Soooo what yer sayin here is that your instinct wuz to sell. Sooo.... ya bought? Did i get that right?>> precisely. (i) just unloaded 100% of paper gold @ hkd 11,350/tael earlier bought on margin 2010-05-26 Message 26565492 at hkd 11,199/tael so as to sleep better, and acceptably rewarding. (ii) also just unloaded 50% of all owned/free-clear paper gold at same hkd 11,350 which were bought 2010-05-24 Message 26560053 at hkd 11,064, thus reducing overall physical+paper gold position by about 25% wonderful gains may off load more, because i wish to better enjoy summer, less any concerns nothing moves up in straight line, and not a whole lot crashes at one go am concerned that recent flurry of bad news that be gold bullish may taper off (note: ok, this bit of pretense to rational analysis is rubbish, and i will not trouble you with technical charts and such because i never look at them until after i make a move in either direction) if so, wish to be less exposed actually i partial exit has stuff-all to do with news flow certainly nothing to do with reality just liked to shuffle a bit, per on-line unreal tournament last man standing deathmatch matching random emotions to similarly random market i try to keep true to practice of buying when wishing to sell, and selling when pondering to buy, but only for the paper stuff physical be my discipline, only because the weight and fuss counteracts my random inclinations in any case, should gold crater, am now psychologically better disposed to wade in with leverage should gold ramp, can be easily convinced to offload and fight another day cheers, tj p.s. profit not taken is profit foolishly lost