I am also of the same opinion that you are. Used today's high to
sell the GCZ19 on. Am loading up on MGCZ19 on a $5 moveall the way
down from $1450 to $1400.
We need to remain cautious ... the charts that Matt showed
earlier this year with Q1, Q2, Q3 gains then monster pain in Q4 I
remember ... I was looking for it in Q3...didn't happen ... for
example what if the following happens : 1) Trump tells China to
take a hike (I really think this is going to happen again - see
ssffer's pump n dump) 2) Impeachment (which has no meritt) gets
some legs and it looks like the end for Trump (nonsense) 3) FAA
tells Boeing to go fly a kite instead of a plane. Those 3
could seriously rock Q4 so while 1400 looks juicy on GLD stay ahead
of the game. The problem is that very little other than core
trend uptrend is following the script... it's so easy to see both
sides. Better to be on one side with a tight stop. Thanks for
sharing mundy and thanks to BPT for having the best trading
community.
The Trump and Kudlow show will end badly. The more they
pump and get mom and grandma to put all their savings into the
market because bonds and CD's pay zero. Reminds me of the
1999 euphoria were everyone became a stock picker and you couldn't
lose by going long.
At my age, I have experienced many booms and busts. I do
not think about the market anymore or care what people have to
say/comments. I am long when the trend is up and short/cash
when it is down. I have become a "bot".
Hi Deep, I am also of
I like the push higher scenario to get Gold down ...
Posted by mundy on 14th of Nov 2019 at 10:41 pm
Hi Deep,
I am also of the same opinion that you are. Used today's high to sell the GCZ19 on. Am loading up on MGCZ19 on a $5 moveall the way down from $1450 to $1400.
Assuming it plays out, I'd
Posted by deep on 15th of Nov 2019 at 12:54 am
Assuming it plays out, I'd be taking profits at 1440. JS it's the safe play.
We need to remain cautious
Posted by deep on 15th of Nov 2019 at 12:49 am
We need to remain cautious ... the charts that Matt showed earlier this year with Q1, Q2, Q3 gains then monster pain in Q4 I remember ... I was looking for it in Q3...didn't happen ... for example what if the following happens : 1) Trump tells China to take a hike (I really think this is going to happen again - see ssffer's pump n dump) 2) Impeachment (which has no meritt) gets some legs and it looks like the end for Trump (nonsense) 3) FAA tells Boeing to go fly a kite instead of a plane. Those 3 could seriously rock Q4 so while 1400 looks juicy on GLD stay ahead of the game. The problem is that very little other than core trend uptrend is following the script... it's so easy to see both sides. Better to be on one side with a tight stop. Thanks for sharing mundy and thanks to BPT for having the best trading community.
The Trump and Kudlow show
Posted by ssaffer on 15th of Nov 2019 at 10:40 am
The Trump and Kudlow show will end badly. The more they pump and get mom and grandma to put all their savings into the market because bonds and CD's pay zero. Reminds me of the 1999 euphoria were everyone became a stock picker and you couldn't lose by going long.
We are American's and we
Posted by clearstream on 15th of Nov 2019 at 11:17 am
We are American's and we demand a New bubble every 10 years damit!
we recently had the bitcoin
Posted by morton7 on 15th of Nov 2019 at 01:03 pm
we recently had the bitcoin bubble and the pot/mary jane bubble, did we not?
I think we will top
Posted by retirefire on 15th of Nov 2019 at 10:51 am
I think we will top when all that thinking gets crushed, then it drops
At my age, I have
Posted by ssaffer on 15th of Nov 2019 at 11:13 am
At my age, I have experienced many booms and busts. I do not think about the market anymore or care what people have to say/comments. I am long when the trend is up and short/cash when it is down. I have become a "bot".
agreed. Push until it pops.
Posted by ssaffer on 15th of Nov 2019 at 11:07 am
agreed. Push until it pops.