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Post by clinton on Jan 9, 2017 14:12:35 GMT -5
I'm liking the move in GORO Clinton. Staying above neckline of H&S and indicators still bullish. Price action staying above 200dsma and 100sma and is pushing on those UPPER BBs stretching them wider. Just have to be careful that it doesn't pull a Twitter-esq type move and GAPs down one morning and doesn't look back. But so far so good! I don't know much re Fundamentals for GORO. Fundamentals always good to know when trading stocks. Good trading Clinton and Novie Fundis good for GORO Income Statement Revenue (ttm) 86.59M Revenue Per Share (ttm) 1.58 Quarterly Revenue Growth (yoy) 9.90% Gross Profit (ttm) 30.32M Balance Sheet Total Cash (mrq) 17.07M Total Cash Per Share (mrq) 0.3 Total Debt (mrq) None Total Debt/Equity (mrq) N/A Current Ratio (mrq) 3.89 Book Value Per Share (mrq) 1.97
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Post by theMist on Jan 9, 2017 14:36:32 GMT -5
If I wasn't busy posting on TVIX Yahoo Msg Board, I probably would have added more UVXY on that last pullback. But still plenty of time not chasing (yet). lol
I'm fighting for those who believe strongly in Technical Analysis like the rest of us. TA is so important if not the MOST important tool a trader has.
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Post by theMist on Jan 9, 2017 15:03:26 GMT -5
Gotta start pumping up the VIX SCAMs! lol
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Post by jacksrbtr on Jan 9, 2017 15:21:33 GMT -5
If I wasn't busy posting on TVIX Yahoo Msg Board, I probably would have added more UVXY on that last pullback. But still plenty of time not chasing (yet). lol I'm fighting for those who believe strongly in Technical Analysis like the rest of us. TA is so important if not the MOST important tool a trader has. Agree. I now know that if I had used Technical Analysis on my first wife she'd have been relegated to the dungheap where she belonged.
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Post by theMist on Jan 9, 2017 15:26:01 GMT -5
lol Jack - what have you been doing all day?
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Post by theMist on Jan 9, 2017 15:38:53 GMT -5
Nibbled a little more on UVXY long (now 4k out of 30k max). Not adding more today.
talk to you guys later
Have to run
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Post by novie08 on Jan 9, 2017 15:39:16 GMT -5
If I wasn't busy posting on TVIX Yahoo Msg Board, I probably would have added more UVXY on that last pullback. But still plenty of time not chasing (yet). lol I'm fighting for those who believe strongly in Technical Analysis like the rest of us. TA is so important if not the MOST important tool a trader has. Just went over there for a look...haven't visited a Yahoo MB for probably 5-6 yrs. There are some rude dudes on that board, would never know you are trying to help them. What idiots!
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Post by theMist on Jan 9, 2017 15:48:52 GMT -5
I hear ya Novie, But if it wasn't for the Yahoo Msg Boards, I would have never met you guys years ago way back then.
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Post by novie08 on Jan 9, 2017 15:54:10 GMT -5
Just meant TG for this polite and respectful (with one exception, lol) board! JK Jack! Please don't ban me.
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Post by jacksrbtr on Jan 9, 2017 16:11:13 GMT -5
lol Jack - what have you been doing all day? Praying over Continental Gold. It worked: made some coin in unrealized gains.
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Post by jacksrbtr on Jan 9, 2017 16:21:06 GMT -5
Just meant TG for this polite and respectful (with one exception, lol) board! JK Jack! Please don't ban me. Okay I'll TRY to be a little more....demure in my remarks from now on. But as you can see it ain't working:
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Post by novie08 on Jan 9, 2017 18:05:06 GMT -5
Seriously, we wouldn't still be here without you! Hope you and Cathy are fine now.
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Post by jacksrbtr on Jan 9, 2017 18:45:37 GMT -5
Seriously, we wouldn't still be here without you! Hope you and Cathy are fine now. Yer too kind Novi but Huhs the guy who's kept the lights boinin' around here "ALL HAIL Huh!!!" 3 pips Hooray!
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Post by walnut on Jan 9, 2017 18:58:08 GMT -5
Those predictable small daily fluctuations in SPY do almost zero to the scams. So tough to make the call for going long the scams.
That is why I've been saying just short the technical pops, or just go permanently short VXX with a smallish position. Either works 90% of the time..
Options are only for selling and the scams are for shorting. Unless you are the MIST and can make it work. That is the only way to trade volatility, you sell it. And then hope you recognize when the crash is coming and get out early enough to preserve your gains.
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Post by theMist on Jan 9, 2017 19:11:52 GMT -5
I agree Walnut and in long run you will make a small fortune. But man, if you NAIL those PEAKS and VALLEYS and trade both sides, your account balance will skyrocket in a very short time. I've been lucky to nail them so far. Of course, overtrading and being on the wrong side of the trade can have disastrous consequences as well.
It all depends upon your risk tolerance and trading style.
ttyl
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Post by walnut on Jan 9, 2017 19:15:31 GMT -5
I believe you. You are living proof!
My account is up a little over 30% since the election. But yours is up well over 100%!?
But I can make my smaller gains fairly predictably. I am studying your methods carefully. Utmost respect!!
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Post by walnut on Jan 9, 2017 23:56:53 GMT -5
Contango dropped to 11.5 and VIX futures are up a little tonight, that chance to go long might be getting closer?
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Post by theMist on Jan 10, 2017 1:02:04 GMT -5
I hope its the beginning of a major market crash. lol Dealing with some smart short TVIX traders (and morons) that think they know it all on yahoo msg boards.
See VIX ETP thread!
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