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wouldn't it mean that money is more dear and therefore less of it available to buy things, including gold, oil and stocks? If so, prices should go down. (But what do I know)

Thanks Steve, you do the same!

Interesting, the stockcharts.com 200ma is

GDX Daily

Posted by frtaylor on 21st of Jan 2011 at 03:46 pm

Interesting, the stockcharts.com 200ma is different from my Fidelity chart.

GDX and 200 ma

Posted by frtaylor on 21st of Jan 2011 at 03:40 pm

Dropping, may go thru 200ma at 53.88.

thought that's what u meant. 60 sto on the daily, yes? I'm not all in by any means, may add if it tests resistance at 15.37 (=789 on RUT). Just below that is also my stop.

for what? 

Hang on, it may be

TZA just triggered over 16

Posted by frtaylor on 21st of Jan 2011 at 02:38 pm

Hang on, it may be a wild ride!

TZA just triggered over 16

Posted by frtaylor on 21st of Jan 2011 at 02:19 pm

I'm in....

great explanation, thanks fixdgear! Options are complicated, w/ all those Greeks....

Wouldn't it be the 60

looking for abc up B wave

Posted by frtaylor on 20th of Jan 2011 at 02:32 pm

Wouldn't it be the 60 period stochastics?

Matt, are you thinking an

Gold,silver, GDX nice pullbakc

Posted by frtaylor on 20th of Jan 2011 at 12:21 pm

Matt, are you thinking an intraday bounce? Some more specificity will really help me. I decided to get out below 54 and want to re-enter somewhere above.

TBT broke the triangle

Posted by frtaylor on 18th of Jan 2011 at 10:32 am

Up we go!

DRIV

Posted by frtaylor on 18th of Jan 2011 at 10:21 am

If anyone wanted to short DRIV near resistance, now would be the time.

I sold yesterday. -Sigh-

MDC Update

Posted by frtaylor on 14th of Jan 2011 at 11:48 am

I sold yesterday. -Sigh-

GDX 5 min chart

Posted by frtaylor on 13th of Jan 2011 at 12:01 pm

seems to be forming an inverse h&s. Someone w/ more experience - care to comment?

thanks, I did notice the

EUO - Matt, should I exit?

Posted by frtaylor on 13th of Jan 2011 at 10:11 am

thanks, I did notice the 200 ma, I bought some here. It's in my IRA, so I'll go w/ the lower support of upper 19's. thanks again. I don't know why I forgot a stop, I have them for most everything else. 

EUO - Matt, should I exit?

Posted by frtaylor on 13th of Jan 2011 at 09:24 am

EUO is back down below the former resistance, now support, line. Is this trade over? I am still holding.

been waiting patiently - i'm

SWN ready for a breakout

Posted by frtaylor on 12th of Jan 2011 at 12:27 pm

been waiting patiently - i'm in from around 35.50. should get moving here soon.

Thank you Matt, this why

GDX - bounce for a short

Posted by frtaylor on 12th of Jan 2011 at 10:24 am

Thank you Matt, this why I LOVE BPT! I sold GDX first thing this morning and went short at 58.05. Time to watch a 15 min chart consider covering my short and possibly go long.

GDX - bounce for a short

Posted by frtaylor on 12th of Jan 2011 at 09:56 am

GDX looks weak this morning, but is bouncing from an initial move down. Might be a good place to enter a short. I'm looking at a 5 min chart.

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