Cortopassi wrote:Yes, here I am again not looking at gold going down.
Does the stock market ever stop going up? I am just going to move my net worth into short term SPY calls....
The GOLD scream room
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Re: The GOLD scream room
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Re: The GOLD scream room
It certainly doesn't seem so.Cortopassi wrote:Does the stock market ever stop going up?
Don't agree with me too strongly or I'm going to change my mind
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Re: The GOLD scream room
Sure feels like I am flushing money down the toilet with the latest rebalance buying more gold and TLT!
Ocho, your 1260 just got hit! Who knew. Do you predict it will rise now?
Ocho, your 1260 just got hit! Who knew. Do you predict it will rise now?
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AND....the minute I enter my depressing note, the markets reverse.
Thank God I am doing the PP.
I would otherwise be acting stupidly on these gyrations.
Thank God I am doing the PP.
I would otherwise be acting stupidly on these gyrations.
Re: The GOLD scream room
I'm just sitting here doing nothing, watching in amazement. I may buy more if we go down to $1200. Otherwise, I think I'm topped off. I bought at $1280, a few days too early.
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Is there anything to be amazed about or are we beholders (myself definitely included) just nuts? I bought at maybe 1299; it'll be delivered soon. At first I was kind of sad to see a drop mere hours later but in the grand scheme of things does it really matter? No. If gold goes down to US$750 or up to $2000, that might matter.ochotona wrote:I'm just sitting here doing nothing, watching in amazement. I may buy more if we go down to $1200. Otherwise, I think I'm topped off. I bought at $1280, a few days too early.
If stocks crash and gold maintains ~$1280, I'll dislike gold a little less.
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Yes, but not as less as if it actually went updualstow wrote:Is there anything to be amazed about or are we beholders (myself definitely included) just nuts? I bought at maybe 1299; it'll be delivered soon. At first I was kind of sad to see a drop mere hours later but in the grand scheme of things does it really matter? No. If gold goes down to US$750 or up to $2000, that might matter.ochotona wrote:I'm just sitting here doing nothing, watching in amazement. I may buy more if we go down to $1200. Otherwise, I think I'm topped off. I bought at $1280, a few days too early.
If stocks crash and gold maintains ~$1280, I'll dislike gold a little less.
Re: The GOLD scream room
We do not know LTTs and gold are going to go up, we do know that at some point in the not too distant future stocks will be going down. If you are taking money out of stocks you are doing exactly the right thing at this point in time.
Last edited by Kbg on Sat Oct 07, 2017 10:08 am, edited 1 time in total.
Re: The GOLD scream room
Kbg wrote:We do not know LTTs and gold are going to go up, we did know that at some point in the not too distant future stocks will be going down. If you are taking money out of stocks you are doing exactly the right thing at this point in time.
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Re: The GOLD scream room
Kbg wrote:We do not know LTTs and gold are going to go up, we did know that at some point in the not too distant future stocks will be going down. If you are taking money out of stocks you are doing exactly the right thing at this point in time.
Yes. Feels wrong so it is probably right.
Re: The GOLD scream room
The purpose of gold is to make people look foolish. If you'd sold at $1262, you'd feel foolish today. In a little while, it may be at $1242. Who knows.
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Re: The GOLD scream room
Finally an explanation for why gold is important!ochotona wrote:The purpose of gold is to make people look foolish. If you'd sold at $1262, you'd feel foolish today. In a little while, it may be at $1242. Who knows.
Re: The GOLD scream room
You're confusing fool's gold and gold's fools.dualstow wrote:I thought that was fool's gold.
Re: The GOLD scream room
I sold some IAU at a small profit, unwilling to fall into a loss position on this thing. Keeping vigilant for a lower entry point. Keeping all my physical.
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Aiyaiyai, I would love to be able to sell my ETFs at just breakeven.ochotona wrote:I sold some IAU at a small profit, unwilling to fall into a loss position on this thing. Keeping vigilant for a lower entry point. Keeping all my physical.
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How old are you? Maybe your children can...dualstow wrote:Aiyaiyai, I would love to be able to sell my ETFs at just breakeven.ochotona wrote:I sold some IAU at a small profit, unwilling to fall into a loss position on this thing. Keeping vigilant for a lower entry point. Keeping all my physical.
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mid-forties (gosh, is that right?! I guess it's right). No direct heirs, but I do plan to leave my physical coins to my nieces and nephews, the lucky lil' bastards.
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Re: The GOLD scream room
Remind me not to follow your anti-aging advice if that's your picture.dualstow wrote: mid-forties (gosh, is that right?! I guess it's right). No direct heirs, but I do plan to leave my physical coins to my nieces and nephews, the lucky lil' bastards.
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I'm far more handsome.
Larry didn't even look that good when he was young.
Richard Lewis did, though. According to my wife, who obviously has exquisite taste.
--> http://img.wennermedia.com/article-lead ... tangle.jpg <--
Larry didn't even look that good when he was young.
Richard Lewis did, though. According to my wife, who obviously has exquisite taste.
--> http://img.wennermedia.com/article-lead ... tangle.jpg <--
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Re: The GOLD scream room
Interesting reading about what is the performance day by day - http://professionaltradingsystems.com/b ... g-pattern/
Seems to me Friday is a very good short oriented day....
Seems to me Friday is a very good short oriented day....
Re: The GOLD scream room
The volatility is breathtaking
Re: The GOLD scream room
Yeah, no kidding. Big moves are more interesting, though, admit it.
Don't agree with me too strongly or I'm going to change my mind