daytradingES wrote:I had a mini health crisis yesterday - a vertigo attack as happened 3 years ago when I was sick for 2 months.
In any case, I slept in today and I'm up and reading as far as page2
Looks like a pretty solid down trend to me. Looks like if GDX breaks 47 it will at least re-test the lows if not more than that. If someone forced me to take a position and hold it for a couple of weeks I would be short. Of course if solid gold tickle me Elmo dolls are the sleeper holiday craze this year all bets are off.
Are you getting me a gift? If it is solid gold, I don't care what shape it is in; I'll take it. I bought a Gold Buffalo in 2007 for $800 and kicking myself for only buying 1 back then.
I am flat now after a good UVXY day trade but I am bearish here for a week or so. However the thing which has me flat is that historically the first three days of December are usually bullish. I guess there is alot of indecision out there right now.
My comments were dictated to me by homie the clown
Looks like a pretty solid down trend to me. Looks like if GDX breaks 47 it will at least re-test the lows if not more than that. If someone forced me to take a position and hold it for a couple of weeks I would be short. Of course if solid gold tickle me Elmo dolls are the sleeper holiday craze this year all bets are off.
Are you getting me a gift? If it is solid gold, I don't care what shape it is in; I'll take it. I bought a Gold Buffalo in 2007 for $800 and kicking myself for only buying 1 back then.
**NOT A Trading ADVICE**
***MOCK TRADES for REAL TIME TESTING OF TRADER GAPPER SETUP***
Trader Gapper:
Was 100 % short XIV
Flipped 1/3 short position in XIV with long @19.14
Now Net 33 %short
Last edited by Harapa on Fri Nov 30, 2012 4:39 pm, edited 1 time in total.
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
XIV second test of 50dma...my charts say up into 6th or 7th...but may see some volatility into that date...
Eventually the support on the 50dma will bust and more than likely test the 200dma (black) IMHO...
may not have enough time for the 2nd leg down. anyway, boring day.
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skittlesmds wrote:I'm long 5 ES contracts at 1415.45 (Avg price). This is not a recommendation for anyone. I may have jumped the gun as Cobra posted wait for the range to settle.