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Does anyone know of a

Posted by onechosen1 on 21st of Dec 2019 at 03:18 pm

Does anyone know of a 1X INVERSE GOLD MINERS ETF...? I can find DUST and JDST (both 3x), but nothing else. Thank you.

Question to you who are

Posted by onechosen1 on 31st of Oct 2019 at 10:34 am

Question to you who are traders...I was looking to swing GDX, but have been waiting for lower entry given the Commercial short situation. A lower entry is looking less likely however? Any thoughts? Thank you....

401k Paint Dry System

Posted by onechosen1 on 14th of Dec 2014 at 04:43 pm
Title: 401k Paint Dry System

TBT...blow off bottom today?

Posted by onechosen1 on 26th of Feb 2010 at 06:12 pm

Any thoughts?  This is ceratinly many trader's LONG TERM "trade of the decade".

Ditto...thanks.

If I understand it right,

gold to $650 - $700

Posted by onechosen1 on 14th of Dec 2009 at 09:51 am

If I understand it right, the argument goes...gold falls because all of the printing and credit creation (trying to reinflate the bubble with a bubble) is no good if demand for credit is not there, which mainly comes from a change in risk appetite.  The US consumer is swamped with debt right now and disillusioned with what has happened.  If there is no demand, and a stockpile of debt 1000 miles tall still out there, then savings must go up and consumption down.  As well, US trading partners like Japan, the EU and China will only allow the US to print $$ so long, then they will intervene with their own currency protection.  In this scenario, the price for all assets fall (gold probably the least).  See Prechter audio interview about Sept 3 or 13 here on BPT....search "Prechter", go to that date and see "deflation" audio; he is quite articulate about this and the interviewer's questions are excellent (who is looking for inflation, not deflation).  Prechter thinks that AFTER the deflation that MUST take place to delever...THEN there could be inflation, possibly hyper-inflation (and gold way up)...but depends on actions govt takes after deflation works its way through the system...which he says cannot be stopped with any amount of $$ printing.

Elliott Wave special post

Posted by onechosen1 on 24th of Nov 2009 at 06:00 pm
Title: Anyone know its content...?

TBT

Posted by onechosen1 on 27th of Oct 2009 at 01:56 am
Title: Breaking out....?

TBT and VNQ

Posted by onechosen1 on 14th of Oct 2009 at 05:03 pm
Title: I wonder how they are both advancing...

Is anyone watching TBT....?

Posted by onechosen1 on 14th of Oct 2009 at 03:58 pm

Absolutely agree... me, being a guy who works all day, I have essentially missed 90% of the rally being focused and watching for each near term pullback (and there is another one about every 2 weeks) when the overall trend and targets were all much higher up....have watched this market both bleed and surge up now for 4 months.  Unfortunate.  Now watching the mid term far more and turning down the sound on the day to day.

I just put some $$

Nasdaq 15 min chart and market

Posted by onechosen1 on 27th of Jul 2009 at 04:17 pm

I just put some $$ back to work today in my 403b accts...therefore market will pull back, no kidding, generally 90% odds.

Any thoughts on RIMM?

Posted by onechosen1 on 27th of Jul 2009 at 10:13 am

If RIMM pulls back to its 50MA ~$2 below current price of ~76.50?  Seems target might be $85 initially.

Healthcare "plan"

OT - Healthcare

Posted by onechosen1 on 22nd of Jul 2009 at 02:12 pm

I help run a university hospital in California.  We have documented that once someone who was uninsured is insured, they use more healthcare than before, and thus the costs go up as a nation.  In fact, that is one of the several core falacies of this reform plan... there is no way to have the national cost go down while insuring more people for more things on a first dollar basis.  If they figure the aditional cost at $1T, figure it will be easily $3T+ by the time it is done.

Matt...since many of us work and cannot trade the 15 minute systems well, will you consider attempting to find/create a 60 minute system (that maybe by its nature does not trade the 2X ETF's, but only the standard 1X)?  I know that this market is gappy and choppy, so maybe it will be difficult to find something that backtests and still works in this market.  Thank you...

Gold

Posted by onechosen1 on 12th of Jun 2009 at 01:09 pm

Another ($10) or so and it looks like it will have fallen to the uptrend line....will it be a buy there?  Thoughts this weekend?

JOYG

Posted by onechosen1 on 26th of May 2009 at 11:48 pm

What does anyone think of this one?  Bull flag?

The REAL reason the market is donw...

Posted by onechosen1 on 7th of May 2009 at 03:07 pm

I finally sold my SDS yesterday...always happens, and I mean always. Yell

Bonds breaking out

TBT

Posted by onechosen1 on 7th of May 2009 at 02:58 pm

Matt and Steve... can you discuss this one in tonight's review?

Interesting....

Are We Reliving 1982 or 1975?

Posted by onechosen1 on 7th of May 2009 at 09:53 am

even with all of the diveregences on the SPX and other charts, is it actually time to get long for a swing...???  Maybe after what might be a very mild pullback?  I cannot trade daily; I have to do swings.  I am beginning to have no idea as to whether to be "in" this market or not.... right now I am out after losing $$ trying to short (which I suck at).  Help...

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