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


To: penthouse mike who wrote (37485)9/7/2012 7:23:34 PM
From: GROUND ZERO™  Respond to of 222274
 
Thanks... no, the NT did not give a sell signal or I would have posted it... and I would also have sent out an email alert, but I decided to take my profits and my money off the table for the weekend, I always feel better and enjoy the weekend without wondering or worrying what will happen to jolt these markets one way or the other while I'm helpless to do anything about it on a Saturday or Sunday...

I'm still very much fully loaded to the hilt with long gold and silver positions, but I also have written calls on much of it, some of my gold and silver positions are also net long... I like to know I'll still make some money even if gold and silver do nothing but go sideways for a few days... earlier this week when the precious metals markets were lower on the day, I still make excellent money because the short calls went down more than the underlying position itself... I like that...

GZ