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 : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: penthouse mike who wrote (30716)4/11/2012 9:23:50 AM
From: GROUND ZERO™  Respond to of 219183
 
Good... yes, both long gold and short bonds as of yesterday again, both posted here... take a look at the longer term gold chart, gold will either break down from here or continue higher, I'm guessing higher...

Message 28073140

Here's the bond chart, I think it rallied back to resistance and is ripe for shorting again...



GZ



To: penthouse mike who wrote (30716)4/11/2012 12:51:35 PM
From: GROUND ZERO™  Respond to of 219183
 
I just reduced my long gold position in half... will add now to my short bond position... I'm not suggesting you follow my trades, I'm just letting you know what I'm doing since you asked earlier...

GZ



To: penthouse mike who wrote (30716)4/11/2012 1:55:36 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 219183
 
I just dumped the rest of my long gold... I'm going to wait on that market for a new buy signal, right now my model is still short gold as of a few weeks ago and the market is sitting in the middle of no man's land... I thought it would run more after yesterday's nice rally, but it stalled out, so now it's just too risky... I took that money and shorted more bonds...<g>

GZ