SI
SI
discoversearch

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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (80991)10/7/2011 9:01:43 PM
From: 2MAR$1 Recommendation  Read Replies (1) | Respond to of 217557
 
So far many days running short GLD high in the premarket has worked from the $161 & today $162 area as POG has marked its top at 1666 area consolidating in this lower $100 range . To the one who sees the right direction this resolves (up?) comes the gold . Three good trades moderately heavy this week shorting that top always hit in the premarket , working each time and never happier than to take a trade that works 100% of the time till things change.

How this obvious basing forges itself & resolves to go in days to come (has been closing higher) ,
to him or her goes the gold !! ;o)

This am high @ $162 and again gave back , not too proud to take the short as long as the top R remains at $161/$162 area and it keeps working (!)...there's obviously sufficient fear out there POG keeps bumping up to $1'666 each time and selling down ,must be a sign <bg




To: TobagoJack who wrote (80991)10/8/2011 2:28:39 PM
From: bart13  Read Replies (1) | Respond to of 217557
 




Some components: VIX, put/call ratios, sentiment measures, silver/gold ratio.