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


To: TobagoJack who wrote (78260)8/23/2011 5:35:06 AM
From: Hawkmoon  Read Replies (2) | Respond to of 217738
 
Well.. not sure if you sinned by taking profits..

As I mentioned, I sold my SLV position for a nifty 10% profit in one week and I feel very lucky to have made it..

Very hard for me to trade from a hotel room when I'm not positive of the internet connectivity. Scares the hell out of me when I'm trading TZA.. lol

But TZA is very good play when anticipating a recession. Small caps get hammered the worst in that situation.

SLV could make another run tomorrow, but I think the USD may be due for some upside and that could impact commodity prices. My experience has demonstrated that when a stock (or ETF) flips a PSAR to the uptrend, it will have a period of consolidation before making the big run. I expect that with SLV in the near future.

The resolution of the ongoing revolution in Libya holds the promise of bringing down Brent crude prices and impacting the oil/USD arbitrage.

bigcharts.marketwatch.com

Hawk



To: TobagoJack who wrote (78260)8/23/2011 10:12:05 AM
From: carranza2  Respond to of 217738
 
After long deliberation with self, decided to stay put.

It's who I am, best not to go against one's nature.

Except in exigent circumstances.

None present here.



To: TobagoJack who wrote (78260)8/23/2011 11:25:13 AM
From: carranza2  Respond to of 217738
 
In order to keep the Force balanced, I have decided to personally atone for your sin by buying a bit more gold and NGD on their relative weakness. I think I saved you a couple of days in Purgatory. Amen, hallelujah.



To: TobagoJack who wrote (78260)8/24/2011 12:38:50 PM
From: carranza2  Read Replies (1) | Respond to of 217738
 
If I atone any more for your sinning ways, you will get a rocket ride to heaven.

Buying on weakness, both NGD and gold.