Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: stuffbug who wrote (109332)	12/26/2018 9:50:09 PM
From: Rarebird	Respond to of 116753

Yes, December 2015 was the low thus far for this bear. But since the high over the summer of 2016, the Miners have been heading lower, with lower highs ever since. Although I went short early on today and will do so again into September resistance, I am looking forward to the start of the next bull. Big money will be made and I will be pyramiding my longs on every 10% rally in the Miners. For instance, if I buy 1000 Gdxj at $25, I will buy another 1000 shares at 27.50. At 30.25, I will then buy another 2000 shares. And at 33.27, I will buy 4000 shares. At 36.29 I will buy another 8000 shares. And at 39.31, I will buy 16000 shares. I will invest in NUGT in a lighter fashion. I like to start slow and build my position with confidence. I did this earlier in the year with ENVA: Message 31489831 Message 31624412