karennma 8,057 posts msg #109851 - Ignore karennma |
1/4/2013 1:24:52 PM
Hey JP,
Overall, AU & AG are sh*t investments ... crap trades.
I wouldn't touch 'em with a 10' pole.
I jumped on that bandwagon 2-3 yrs. ago and regret it.
"Hedge" against inflation? My @$$!! I you're long metals and they go down, it's NOT a "hedge'.
Ridiculous!
Never again!
|
johnpaulca 12,036 posts msg #109852 - Ignore johnpaulca |
1/4/2013 1:39:46 PM
I trade these because of the volatility...just picked up AEM...now looking at BVN(34.60) for an entry
|
Eman93 4,750 posts msg #109853 - Ignore Eman93 |
1/4/2013 1:56:40 PM
and the dolla broke out.. thats why I was scratching my head on gld? The markets are up inspite of dollar strength gets me out of wack also...

|
Eman93 4,750 posts msg #109854 - Ignore Eman93 |
1/4/2013 1:59:52 PM
156 could be lower channel line and support for GLD
http://stockcharts.com/public/1424685/chartbook/129091865;
|
Eman93 4,750 posts msg #109855 - Ignore Eman93 |
1/4/2013 2:42:53 PM
TZA and FAZ hit my oversold today... no real good spot to get short IMHO..... wait for SPX 1476 and or get long on pullbacks.
|
johnpaulca 12,036 posts msg #109859 - Ignore johnpaulca |
1/4/2013 11:31:49 PM
DJI...daily still has lots of room to run
|
johnpaulca 12,036 posts msg #109860 - Ignore johnpaulca |
1/4/2013 11:35:25 PM
johnpaulca
6,635 posts
msg #109852
- Edit message 1/4/2013 1:39:46 PM
I trade these because of the volatility...just picked up AEM...now looking at BVN(34.60) for an entry
*******************************************************************************************************
made coin on both...BVN closed at $35.13...held on to AEM sitting at ema100(support)
|
four 5,087 posts msg #109861 - Ignore four modified |
1/5/2013 2:34:19 AM
Eman93
3,928 posts
msg #109855
- Ignore Eman93 1/4/2013 2:42:53 PM
TZA and FAZ hit my oversold today... no real good spot to get short IMHO..... wait for SPX 1476 and or get long on pullbacks.
-------------- -----------
-- TZA and FAZ identified with this filter --
|
Nickster8074 53 posts msg #109879 - Ignore Nickster8074 |
1/6/2013 1:19:42 PM
johnpaulca, I've read hundreds of pages of this Intraday Alerts thread and I must say I've enjoyed your trading, commentary and advice. I've developed a filter based (I think) on your Booya Buy Zone swing trade strategy. Could you look at it and see if I'm on the right track? Any comments would be greatly appreciated! Thanks, Nick
|
johnpaulca 12,036 posts msg #109883 - Ignore johnpaulca modified |
1/6/2013 2:51:44 PM
Nickster8074:
I don't trade this momo filter anymore, it was a great system made good money during that market environment, but as you know market is dynamic and we have to move on.
Something you can add to help this filter is having the BB40 running above ema100, trade only the stocks that have accumulated at least 5 days(more is better) between lower BB40 and above ema100.....glty
edit: Price >30
doesn't work on cheap stocks, most indicators are not reliable with cheapos.
|