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


To: GROUND ZERO™ who wrote (72075)6/24/2015 2:33:24 PM
From: Chip McVickar1 Recommendation

Recommended By
Casaubon

  Read Replies (1) | Respond to of 218443
 
...at what point would you consider that being short the SP may not be a good idea??? TIA

Since about August - September of 2010
I've been long and adding long continuously since that time frame

Shorting for me is always a scalp trade that often is allowed to run under good conditions
I just closed those last short positions

I don't screw around going long gold or gold miners
To do so - at least in me - breeds a mental sickness that distorts the reality of other trading perceptions
The emotional nature of gold is like Gorilla Glue - hard to get it off your fingers

Now I ignore gold and thinking about golds value entirely
- only occasionally for technical chart reasons - I just short the stuff...

Chip