Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Boolish who wrote (202867)	8/24/2011 12:52:03 PM
From: stuffbug	3 Recommendations Respond to of 312839

Gartman is just a very articulate price chaser. Buys strength and sells weakness. Manages to get lucky the odd time and catches a big train. Otherwise, he is whipsawed to death. Gold is down two days in a row, wiping out a week's worth of gains. ohno, ohno, the sky is falling, time to trade in my gold for the security of Uncle Sam's confetti ............. LOL

To: Boolish who wrote (202867)	8/24/2011 12:56:31 PM
From: Canuck Dave	Respond to of 312839

He's all over the place. A financial equivalent of an ambulance chaser. "You're up? You must be good." Someone is sending me his commentaries, but I don't read them. Why bother? CD

To: Boolish who wrote (202867)	8/24/2011 12:56:33 PM
From: Nevada9999	3 Recommendations Read Replies (1) \| Respond to of 312839

The Jan 1980 charts are being shown every couple minutes on CNBC today. Gartman said gold has been one of the great bubbles of our day and then said he could see gold dropping all the way to 1650 over the next month and a half. A low at 1650 would not only be a continuation of the gold bull but would steepen the uptrend. My biggest concern lately was that I didn't want to see 2000 gold during the Indian buying season. This correction will whet buyers appetites in India in September and is very positive for demand. If gold builds a base at 1650 it should be very bullish for the producers. I'm still looking for the right entry on GDX calls.