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The Lunatic Fringe - Trading talk.

Voodoo

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If only there'd been a sign lol. Ivy leaguers didnt study hard enough
Study? HAHAHA. They were there for the name only.
 

GOLDBRIX

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Strawboss

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Picked up some GDXJ 45 and 65 Jan2022 calls, some AG 12 Jan2022 calls,CDE 4 Jan2022 calls and just in case Armstrong is right- some SPY 420 DEC2022 calls.

Not gonna fiddle around with these anymore. Just gonna sit on them for a stretch and see what develops.
 

dpong

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Bought small amount of GDX and AG to hold.
 

Goldhedge

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It frustrates me greatly to miss that bounce number and fake news story about qe infinity at 2160 by 12 points :mad:
Yer slipping bud!
 

Goldhedge

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If only there'd been a sign lol. Ivy leaguers didnt study hard enough
Mostly educated beyond their intelligence...
 

Goldhedge

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GOLDBRIX

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Some have their own opinions on Peter Schiff I find him one of the several I find interesting. YMMV
 

Cigarlover

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Goldhedge

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Savage going out on a limb

 

Zed

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It is likely possible that people's understanding of markets and statistics is broken. Markets are doing this stuff every 8 to 12 years.
[Is it fair to day these markets are broken? Yeah, it is.]
Yeah, while true these % swings are off the chain!
 

Zed

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Gold USD Daily --> $64 Q - Is resistance futile? we need follow through.

XAUUSD-D-202020324-1.gif
 

Zed

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Well... it's like this...

The GSR might be forming a flag here... {gulp}

The projection is 144 odd.

That is something like 1270 POG 8.80 POS.

We could be in the B part of an ABC correction in gold. C part to come!

Hang on folks, we are still in the woods... need gold to push higher here!

Projecting 144 for gawd sake!!!!! Tell me that's impossible!
 
Last edited:

Zed

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There where 5 moves up and down in 2008 to the eventual low.
As an analogue 2008 suggests a high 11xx floor near the low.
 

Zed

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2008 had nothing like the current supply chain disruption thought
Yup... I've got no idea which way this will break short term!

Dancing on ice wearing a dry suit and a life jacket down here!
 

Cigarlover

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Well... it's like this...

The GSR might be forming a flag here... {gulp}

The projection is 144 odd.

That is something like 1270 POG 8.80 POS.

We could be in the B part of an ABC correction in gold. C part to come!

Hang on folks, we are still in the woods... need gold to push higher here!

Projecting 144 for gawd sake!!!!! Tell me that's impossible!
Thats impossible!
 

Zed

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ASX Gold stock melt up this AM. +~14%


Waving around in a 5% range. +9% - +14% it's just wild out there...
 

Zed

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Zed

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savvydon

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Well... it's like this...

The GSR might be forming a flag here... {gulp}

The projection is 144 odd.

That is something like 1270 POG 8.80 POS.

We could be in the B part of an ABC correction in gold. C part to come!

Hang on folks, we are still in the woods... need gold to push higher here!

Projecting 144 for gawd sake!!!!! Tell me that's impossible!
What is the lesson here?

I plan on putting stops below the profits that are starting to show up on my SLV call options. I'd rather get out with a single than strike out trying for a grand slam.