It has probably been a few years since I watched one of his
shows. Way back we use to take his ideas and let them go up
for three days and short them. I didn't see the show but I
wouldn't get too worked up about him highlighting it because he has
discussed owning gold for years and it has been a recommendation
for a balanced portfolio. I cannot say it always was but
going back to '09-'10 etc.
Posted by morton13 on 24th of Oct 2012 at 09:01 am
looks like a bull trap to me...maybe because the dollar is at
resistance here? he may be right with a gold bounce but I would
look to short in the future but not yet....
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GLD is highlighted by Cramer this evening being quite bullish.
Posted by rbreese on 23rd of Oct 2012 at 07:07 pm
It has probably been a
Posted by tom on 24th of Oct 2012 at 09:17 am
It has probably been a few years since I watched one of his shows. Way back we use to take his ideas and let them go up for three days and short them. I didn't see the show but I wouldn't get too worked up about him highlighting it because he has discussed owning gold for years and it has been a recommendation for a balanced portfolio. I cannot say it always was but going back to '09-'10 etc.
Cramer bullish
Posted by pwb8 on 23rd of Oct 2012 at 08:10 pm
Has Cramer just given GLD the kiss of death??
oh no! sell, sell, sell!
Posted by oops1e on 23rd of Oct 2012 at 08:39 pm
oh no! sell, sell, sell!
has he looked at the chart? probably not
Posted by morton13 on 24th of Oct 2012 at 09:01 am
looks like a bull trap to me...maybe because the dollar is at resistance here? he may be right with a gold bounce but I would look to short in the future but not yet....