Whose got 'em?
Don't be a bagholder, be a bug! ; )
-The Lost Generation
Call me jaded, cynical or whatever but...
I just can't help it!
No limit order on this trade, I see an inverse H&S and I'm shorting it at the neckline.
Could be the bottom is in...
We'll see soon enough!
What'ya got bugs?
For what it's worth...
I never saw the triangle.
Stop was at 11240, so if it goes down from here I'm gonna be quite pissed!
200% Profit on that one...
Feel a little less sore about the yourow now.
Trading Silver is totally bonkers!
Anyhoo that's me done for now...
Congratulations Lemming :)
EURO has me buggered too, have a few small invoices due and now POP! Bah :(
Not a big thing (the move is costing me -literally- four or five dollars!) but it's the principal of the thing...see I'm not supposed to ever buy EUR on the uptick. That goes against all the basic laws of Nature. Durn it :)
has anyone paid to view the Forecaster online and is it worthwhile?
i gather Armstrong is being less public about his forecasts--does anyone pay for his service? any recommendations?
thanks Pailin for this oasis of sanity
I saw the movie at the first part of April at a movie house in Pasadena Ca. It was mostly about his problems with the law and did not cover much about the method of his forecasts. I don't pay for his service ,I just read the blog.I paid $5 to see the movie because I am old and there were more people than I thought would be there on Wednesday afternoon.
Just watching the metals on the finviz heat-map, and while most of them are just going sideways, or down, copper has been rising sharply the last couple days.
Does anyone here know why?
Within an article at ZH (so take it as you will) I read that the Chinese Central Bank has recently been jawboning the potential for more QE sometime soon, and that if true this would translate directly to a renewed new construction market there (which had previously been the biggest market for copper in the world). So with that possibility out there, copper has gotten some new spec money flowing in. No idea if the Chinese cb will actually do this, or is just talking, but the recent bid under copper is pretty clear.
pretty much cleared sneaker inventory just one pair left. 8.5% profit when all said and done. taking money and running. trying my best to be ready for whatever opportunities present themself.
Yep that's the play, when margins compress, reduce inventory (and look for other richer opportunities).
Now I just need to follow my own advice. Inventory coming in much faster than going out, margins...really good, I guess (still 100% on avg hold 1 year or less) but having to hold longer and not as rich as years past, could be beginning of long term downtrend? (aka...deflation, in spite of capital flight out of EU??)
Anybody keeping up with Armstrong's blog? Recent post on holding physical cash and gold being the same thing was pretty interesting...both are insurance against pure e-money and bank disruptions, failures...but high-risk against (potential, likely?) cashless legislation. Of course in my own world, artwork accomplishes the same thing, but less liquid (and higher, much higher reward...so far :) I'm probably way too concentrated in physical (of all types). Sigh...
Thought some of you guys might appreciate this!
As you might have guessed I'm taking everything extremely seriously.
But IG's changed the minimum guaranteed stop distance to 450 pips!!!
For reference on EUR/USD it's 10...
45x increase in the minimum stop distance seems a tad high but WTFDIK?
Way too expensive for me to do what I want with options so i'm stuck on the sidelines.
Ok it's not that much more expensive with options but they're not 24Hr...
And I'm not dead keen on the greeks right now!
Yeah... I know.
Still don't understand how the Tories stay in power, had it explained to me but it sounds pretty fragile.
Labour, SNP and Lib Dems still seems most likely to me.
Dollar rally possible...
All I'm looking for is a wobble and it looks like IG's scared.
Hopefully I'll be out of this before the greeks become an issue.
It turns out these options are 24Hr...
(Sorry, used to comex ones - my bad.)
Took a while to get used to but now it's growing on me.
But it was gone from my pocket on Thursday. So I'm going to stop clinking it.
Found in the sofa cushions (whew) ... just in time for a boating accident :-)
Saw this and was reminded of a discussion that was had here..IIRC, P was talking about global supply/demand dynamics of labor/laborers.
Nintendo is making a nice run (or was, havnt looked today). Timed that one pretty good myself minus that not putting enough dosh into it. >:o