Tradefair & Financials
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17 Jun 10
16:30
Joined:
Date Joined:
23 Nov 03
So, I'm doing quite well recently with these things. Called and caught the bounce from 10k (Dow) to 4/5% gain. I'm flat again with opening stops below to short looking for a good 10% or so over the summer. I remain bullish Gold which is at its highs and ready to make new ones day after day. I like the idea of shorting Ford Motor Co. too.
There's my cards ont table. :)
There's my cards ont table. :)
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Long Gold myself.
The best thing I ever did tho is to have two spread betting accounts. One for long positions the other for trades. I have never held a long/short position this long [3months] in my trading life [2yrs]. A trick of the trade, self discovered, it works for me anyway!
Time to go long euro,its crossed a trend line, waiting for a correction but once or if it resumes this will be good for equities. Doubt wel make new highs tho, What you think Goring
The best thing I ever did tho is to have two spread betting accounts. One for long positions the other for trades. I have never held a long/short position this long [3months] in my trading life [2yrs]. A trick of the trade, self discovered, it works for me anyway!
Time to go long euro,its crossed a trend line, waiting for a correction but once or if it resumes this will be good for equities. Doubt wel make new highs tho, What you think Goring
Very risky. I saw a relief rally especially given the size of the shorts on the CoT report, but the Euro should either be 0.80c or 1.20c depending on whether they can hold it together so it's a nasty trade. My feeling is that this is a short-term relief rally and the longer term decline is intact. I see parity in a few months to a year so I won't be going long Euros.
$0.80 obviously, not 0.80c (although some may argue...)
Blloberg interview with jim o neill of GS said he had forecasts of 1.35 in 6 months time, time to be contraian no?
I have been long gold for months via newrcest shares. Today they finally got back to break even.I have written covered calls for the last 2 months so can finish in front and I thank my lucky stars for that.I think gold will go higher, maybe even a parabolic move higher as those who have been waiting for the move will pile on.Once they are on that will be the signal to get out. How high? Would'nt have a clue but when CNBC start getting gold bugs on TV on a daily basis telling you gold is going higher despite its already parabolic move to the up side- bail and get short then retire.
The tabloids will be all over gold if it was to hit 2000!! dollar weakness is inevitable,should send gold skyward
Wait until it starts going down before you short it. If you try to pick a top, you won't be retiring you'll be potless.
Nice new record high again today. :)
Nice new record high again today. :)
It isn't supposed to go down. There must be some mistake, surely!
I hope it comes back to the mid 1100s so I can get some more!
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