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The Lunatic Fringe - Trading talk.

Varmint Hunter

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And EXK up 17%!
 

Goldhedge

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Let's see if it closes above the red line....
Screen Shot 2020-11-05 at 11.35.03 AM.png
 

savvydon

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Quite the day. True, a falling dollar was a tailwind, but the sector showed unmistakable strength today. Gold up nearly $50, silver more than 6%, and the HUI damned near 8%. Several of my miners were up 10-15% and two of them greater than 16%. It'll be interesting to see if we can carry some of this momentum into the weekly close tomorrow.
 

dpong

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SEDG. It's hard to wait until Monday to sell a stock that has crashed but sometimes it's the right thing to do. SEDG recovered nicely, let's hope for another tomorrow like it was today.

[Weekly chart.]

pOzoxz4K.png
 
Last edited:

Zed

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It's one for the history books. This has so much potential to get very ugly.... but I don't need to tell you that.
 

Zed

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Miners are out of the gate very strong. If they can develop some momentum and staying power today then we may be off to the races. Long way to go, first...
5% out of the gates down here. Following your lead.
 

Zed

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SEDG. It's hard to wait until Monday to sell a stock that has crashed but sometimes it's the right thing to do. SEDG recovered nicely, let's hope for another tomorrow like it was today.

[Weekly chart.]

View attachment 187508
Systems require an unnatural level of discipline. They break most people eventually. They can work but letting them work is the challenge.

2c

JMO etc.
 

Zed

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Gold ... nice pop. Into the next 'wall', 3 more to overcome before the horses are running free for a while. Short term overbought but the internals look OK. Will probably fudge around until late November with a bias to strength. ---> JMO DYODD etc...

Untitled.jpg
 

dpong

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It's one for the history books. This has so much potential to get very ugly.... but I don't need to tell you that.
I'm afraid I believe that ugly is the plan.
 

dpong

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Systems require an unnatural level of discipline. They break most people eventually. They can work but letting them work is the challenge.

2c

JMO etc.
Thanks, I think you are right. Doing good so far, I mean maintaining discipline for 2 mental hack reasons I think:

1) Care about the system more than about any individual stock. [Don't care.]
2) Open acceptance of my ignorance of the actual future. [Recognize this truth.]
 

Zed

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Gold issued a buy signal on a #2 Double Top buy signal at 1,940. 3 x 20 P & F scale chart.

Nice bounce off the bullish support line.

View attachment 187532
Looking like a reasonable risk reward has developed. Looking for a reaction before I get too confident.
 

Zed

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1) Care about the system more than about any individual stock. [Don't care.]
Yes... even to the extent you should trade stocks you dislike.

2) Open acceptance of my ignorance of the actual future. [Recognize this truth.]
This is where smart people fail, they always believe that they know better.


Trading is a tough gig, but if you have the right personality, including discipline, you are most of the way there. That is to say that the success factors are not what people would think they are... so true of many professions!
 

Zed

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I'm afraid I believe that ugly is the plan.
It certainly looks that way. Someone is itching for a fight to develop.
 

Zed

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Zed

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I can't see his silver trend break yet.
 

Zed

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Anyone seen a credible source on this idea that the blank ballots mailed out where micro-dotted?
 

Lancers32

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Anyone seen a credible source on this idea that the blank ballots mailed out where micro-dotted?
Anyone seen a credible source on this idea that the blank ballots mailed out where micro-dotted?

We're screwed either way really. With Trump you get a little foreplay with Biden you get it dry.
 

Zed

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Zed

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Just a little volume here.
The election... so many people waited for it. Really we should have been weaker going into it. The fact things were as strong as they were speaks volumes.
 

dpong

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This is where smart people fail, they always believe that they know better.
Calling me stupid, eh? OK then. I should do well.

:green tea:
 

dpong

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Fortuna just printed a new high for this bull run.

[Outperforming some others.]

Y5W73tSl.png
 

dpong

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Lancers32

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Surprised we haven't seen more give back today considering the big up day yesterday. Still early could crap the bed yet but Monday should be interesting. Tempting to dump here to try to reload lower next week.
 

Lancers32

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CDE and HL up 33% off last week's bottoms. Silver needs a close over $26. Lots of times if they cannot trade through a level they will gap over it.
 

dpong

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Placed my order to sell SEDG for about 58% gain. I have orders in to buy 4 new stocks: CPS, REZI, CPRI, JD.
 

Lancers32

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Today is 90 days from the August highs in the miners most at least. Possible turn short term I think. While Gold has broken out Silver still has not. Some doji candles here and there next week early might bring good buying opps in some stocks. Nothing goes straight up.