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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: codfish23 who wrote (121206)10/16/2018 10:34:31 AM
From: Turtles_win1 Recommendation

Recommended By
zamboz

  Respond to of 207845
 
I am staying long gold, serious money via GDXJ. Goofy short term playing around with JNUG, which I am also still long with. I think for the overall market the runup that is happening today and last Friday will reverse and there will be one more leg down. After that, blastoff to the upside. So the CNN fear/greed index might rally to the 20's, then go to zero and stay there a few days. Some ugly stuff for a few weeks. And then the blastoff. We'll see. I'm long gold, and waiting to re-enter IWM. But my timing is not by charting and sometimes charts work well.



To: codfish23 who wrote (121206)10/16/2018 11:49:38 AM
From: rdkflorida2  Read Replies (2) | Respond to of 207845
 
Considering taking profit. Small one. I think we have seen some short covering. Could be a test of last week's low coming.