Posts Tagged ‘Gold Stocks’
If I Never Got Any Of This, I’d Be…
…depressed. However, this is not the case. Market still looks special. My still biggest f–k up since my reason to get long back in Sept 2010, was exiting my rocket portfolio early. That set of stocks is up over 105%. I’m always going to include some bad with any good I write. SOL – Been …
Went To 99% Cash Except For GFI Calls
I decided to cut everything. The SOL, JASO, SOLR, and anything else I had, which wasn’t much because I sold half of everything earlier in the week. I won’t hesitate to buy these back if they move further up with oil prices rising. I went short earlier this week and it just didn’t work. Finally …
Bought Some Things Sold Some Things
First, still long the indexes. I’m waiting for a reason not to be in that position. Minor hit today. I expected a move in the first part of this week that would allow me to get out, but after the Alcoa news it seems it will come at options expiration instead. I started out the …
Market Is Going Down Further
Hopefully. Current chart shows that the SPX has broken important levels. 893 is right here – that will be tested. 872.81 and 877.52 are the next stops with minor support at 893-895. This will crack like tightly stretched paper mache over a barrel. So the daily head and shoulders pattern suggest lower movement, where it …
Cashed My Index Shorts
Taking the lump and cashing my index shorts this morning. I thought we would selloff and then roll higher later on, but it looks like we will get the reverse of my expectations. No worries and no need to jeopardize all my gains on a theory that is not working right now. Surely the market …
