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Post by walnut on Sept 21, 2016 19:13:57 GMT -5
Fed announcement days are notoriously unpredictable. But, I had a good feeling about today though.
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Post by jacksrbtr on Sept 21, 2016 20:15:18 GMT -5
I really screwed the pooch on the GORO/GDX call. Sorry. Don't be silly - you might only be off by a day or two who knows its all a crapshoot.
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Post by jacksrbtr on Sept 21, 2016 20:18:23 GMT -5
Gotta admit though to me it looks like clear sailing for Continental from here (4.64) to 5.35-ish (famous last words just you wait and see).
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Post by huh on Sept 21, 2016 20:23:53 GMT -5
I can show you all kinds of bearishness in GDX right here, or even if it were to get a quick pop to ~32 (downside target is 4.60's)
But it doesn't/hasn't mattered. Names like GORO and CNL haven't cared. Recently they're way outperforming GDX, or even the AMEX & NYSE Gold Miner Indices
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Post by walnut on Sept 21, 2016 20:33:02 GMT -5
don't be a buzzkill. this cheap whiskey I'm drinking can't keep up.
I don't feel as fatalistic about gold anymore, I think it might have kinda settled in finally (longer term).
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Post by huh on Sept 21, 2016 20:38:54 GMT -5
don't be a buzzkill. this cheap whiskey I'm drinking can't keep up. LOL. Actually I'm happy. Today went as well as I'd hoped, actually a little better since it didn't pullback as much as I thought it might. I just come down hard on myself when I'm wrong. Makes me a better trader in the long run.
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Post by walnut on Sept 21, 2016 20:43:33 GMT -5
My police scanner is showing gigantic activity in Charlotte right now.
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Post by jacksrbtr on Sept 22, 2016 9:51:35 GMT -5
don't be a buzzkill. this cheap whiskey I'm drinking can't keep up. LOL. Actually I'm happy. Today went as well as I'd hoped, actually a little better since it didn't pullback as much as I thought it might. I just come down hard on myself when I'm wrong. Makes me a better trader in the long run. When you are in your middle 60s curiously enough the long term and short term start to become one. Bwahahahaaaa!
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