frankthetank
Posts: 106 Joined: Wed Aug 24, 2011 11:34 am
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by frankthetank » Fri Apr 12, 2013 11:00 am
For long term investors one of the most dangerous times to invest. Ok guys time to buy some johnson and johnson at 22 times PE and P&G at 22 times earning. NOthing like a cheap market to grab some blue chip stocks at cheap prices. THis market is going to have one massive correction this summer. Some how payroll tax and a 2percent reduction in peoples income was going to send the economy and stock market to the moon. Nice thing is spy keeps going up because they will print more lol....its funny how last summer everyone on the board was talking about the crash coming now everyone is talking about the market it too 1700.
shaca
Posts: 130 Joined: Sun May 13, 2012 1:25 pm
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by shaca » Fri Apr 12, 2013 11:00 am
gold below 1500$ means one thing: deflation
Unique
Posts: 3911 Joined: Tue Sep 06, 2011 3:19 pm
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by Unique » Fri Apr 12, 2013 11:01 am
Out of Bounds wrote: Scalp is scalp but these trades are executing and exiting within 30 seconds of each other. Have to slow down so I don't mess up an order.
I pussied out, 158.45->158.30. I get scared of sudden bull attacks...hard to fight with bulls these days, they're getting to me
Cobra
Site Admin
Posts: 61830 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Fri Apr 12, 2013 11:05 am
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L_T
Posts: 1609 Joined: Tue Sep 13, 2011 9:49 am
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by L_T » Fri Apr 12, 2013 11:07 am
Junior miners being destroyed, not that it's a big change from the overall trend.
The weekly chart looks just as bearish.
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Mr. T
Posts: 995 Joined: Tue Apr 12, 2011 12:50 pm
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by Mr. T » Fri Apr 12, 2013 11:09 am
They're trying to steal my gold chains!!!!!
-T
"Treat Your Mother Right!!!!"
BullBear52x
Posts: 30707 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Fri Apr 12, 2013 11:09 am
Welcome back to the good guy side snake boss
My comments are for entertainment/educational purpose only. NOT a trade advice.
nasta
Posts: 21 Joined: Tue Jun 14, 2011 4:46 am
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by nasta » Fri Apr 12, 2013 11:12 am
if trendline doesn't hold ,next stop 1568.50
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flrtrader
Posts: 477 Joined: Thu Aug 25, 2011 1:58 pm
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by flrtrader » Fri Apr 12, 2013 11:13 am
Gold shorts STOPS tight
VST
TWT
Posts: 2506 Joined: Wed Nov 16, 2011 6:57 am
Contact:
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by TWT » Fri Apr 12, 2013 11:16 am
$SPX: I expect a larger Zig Zag with target at Fibo retracement from last Friday´s lod
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Unique
Posts: 3911 Joined: Tue Sep 06, 2011 3:19 pm
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by Unique » Fri Apr 12, 2013 11:17 am
I'm trying to count SPY micro wave
Feel free to give me pointers
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gappy
Posts: 3163 Joined: Tue Nov 22, 2011 3:34 pm
Location: Peapatch Tx
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by gappy » Fri Apr 12, 2013 11:18 am
Rich Arab, I am coming to your neck of the woods. Gonna be an enforcement trainer.
copcar.jpg
‘the petrodollar is our currency and our problem’....Gappy
BullBear52x
Posts: 30707 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Fri Apr 12, 2013 11:20 am
I just got stop out of both of my daytrade shorts on /ES and /NQ.
/TF is next I guess
My comments are for entertainment/educational purpose only. NOT a trade advice.
TumblingDice
Posts: 81 Joined: Thu Mar 21, 2013 10:35 am
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by TumblingDice » Fri Apr 12, 2013 11:20 am
GDx and GLD getting hammered but the GDX:GLD ratio is actually holding up better than expected. Trying a few calls on GDX.
Al_Dente
Posts: 28535 Joined: Thu Jul 21, 2011 2:29 pm
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by Al_Dente » Fri Apr 12, 2013 11:21 am
ChiOsc and volume and oversold momentum indicate that GDX is near a bounceable zone
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
gappy
Posts: 3163 Joined: Tue Nov 22, 2011 3:34 pm
Location: Peapatch Tx
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by gappy » Fri Apr 12, 2013 11:24 am
L_T wrote: Junior miners being destroyed, not that it's a big change from the overall trend.
The weekly chart looks just as bearish.
Remember this? Getting there.
gold.png
‘the petrodollar is our currency and our problem’....Gappy
SigmaEcho
Posts: 286 Joined: Fri Apr 08, 2011 12:09 pm
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by SigmaEcho » Fri Apr 12, 2013 11:26 am
gappy wrote: Rich Arab, I am coming to your neck of the woods. Gonna be an enforcement trainer.
The attachment copcar.jpg is no longer available
dont have to be rich arab. succesfull dj also qualifies.
he crashed his previous car (ferrari) within one day after buying it
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BullBear52x
Posts: 30707 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Fri Apr 12, 2013 11:30 am
I don't feel like trading today. well, have a good one all,
here is GLD long term. 3rd time charm it is and I see more to the down side to come.
My comments are for entertainment/educational purpose only. NOT a trade advice.
gappy
Posts: 3163 Joined: Tue Nov 22, 2011 3:34 pm
Location: Peapatch Tx
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by gappy » Fri Apr 12, 2013 11:30 am
SigmaEcho wrote: gappy wrote: Rich Arab, I am coming to your neck of the woods. Gonna be an enforcement trainer.
copcar.jpg
dont have to be rich arab. succesfull dj also qualifies.
he crashed his previous car (ferrari) within one day after buying it
Sweet! Sold a cherry 73 Firebird at an offer too good to refuse. Guy totaled it first afternoon he had it.
‘the petrodollar is our currency and our problem’....Gappy