Tag Archives: GLD

Gold

Posted on 02/22/2012

This is an accident waiting to happen. The Platinum will need closes over 1711 to drag this dog up. The first Thursday of this month I bought Gold here as well and got right out. Sometimes we just never learn … Continue reading →

A.M. Look 11/17/11

Posted on 11/17/2011

I’m feeling like I’m in a bad B movie, and Boris Karloff has strapped me to the rack in his torture chamber. OIL…Needs all new strength over last nights high or under 101.50 for weakness. Gold…We’re standing pat for our … Continue reading →

A.M. Look 11/16/11

Posted on 11/16/2011

EURO…135.50-80 on top…133.90-134.14 below( natural support) which is last years close matching Fib support ( half way back from the June 2010 low). Once closing under the yearly close, 132.50 seems the next area to test. This simply means to … Continue reading →

A.M. Look 11/15/11

Posted on 11/15/2011

It’s not a good morning for the risk on crowd. We would have been much happier if we just sold the Euro as a hedge against our portfolio. Short Euro/Long Gold..has been working for a while. Short Euro/long anything seems … Continue reading →

A.M. Look 11/14/11

Posted on 11/14/2011

AAPL… Many of you indicated that you ( led off on the buy level) and took a small Long position, even though it did not fill us at our preferred level, therefore we’ll write as though we’re Long for those … Continue reading →

A.M. Look 11/11/11

Posted on 11/11/2011

The whole board is an area specific Lemming Effect scalp. We’ve retested the major hold levels in the Equity indices once again yesterday as well as failing to remain above the 200 day in the S&P 500 Futures Tuesday into … Continue reading →

A.M. Look 11/10/11

Posted on 11/10/2011

Gold….We’re going to give this a full 20 dollars since we’re looking to make almost 400. I like that risk reward. The stop is under 1747 close in the futures….. app 169.85 in the GLD ETF. Silver…last night’s low needs … Continue reading →

Gold…Filled

Posted on 11/09/2011

We’re filled on our Gold futures Buys.

Gold

Posted on 11/09/2011

We have been speaking about buying mid week weakness in the Gold in the 1760’s to low 1770’s. Given that we can’t be in front of the screen all day today ( meetings), we’ll leave it up to each investor … Continue reading →

Gold & Silver

Posted on 10/05/2011

This is usually when I give my monthly dissertation about Unemployment lows in the Metals. Typically the unemployment data has historically presented us with a good trad able low. These lows have provided us with great trade location and defined … Continue reading →