I'm sure I probably just missed it, but does Carl ever get an “A” for his grade? Maybe I just overlooked one, but I've just noticed lately that he seems to get a lot of “C's”…
(Of course my skills aren't any better… I barely pass with a D minus. LOL)
I don't ever play gold either, as it's too hard to predict. Like if the market crashes down in the 2nd half of this year, you could assume that gold will rocket higher on fear… or that hedge funds, big institutions, banks, etc… will dump large quantities of gold into the market place to cover their margin calls, which would cause the price to fall.
How do you know how much gold they are holding, and how much margin they have on their holdings… as well as how much affect it will make on the “supply and demand” side if dumped into market?
Very hard to predict gold short term, in my opinion… but in the long term, we are certainly going higher.
Your writing is more entertaining, funnier and crazier.
I'm sure I probably just missed it, but does Carl ever get an “A” for his grade? Maybe I just overlooked one, but I've just noticed lately that he seems to get a lot of “C's”…
(Of course my skills aren't any better… I barely pass with a D minus. LOL)
Should things deteriorate severely, have buy limit orders @ -14.84% & every tier below it.
1172.87 Local Min Value
-2.12% 1148.01
-4.24% 1123.14
-6.36% 1098.28
-8.48% 1073.41
-10.60% 1048.55
-12.72% 1023.68
-14.84% 998.82
-16.96% 973.95
-19.08% 949.09
-21.20% 924.22
-23.32% 899.36
-25.44% 874.49
Carl at day’s end:
1150-1175 estimate for today (25 points – ~1.5 times the usual range)
1156–1171.25 actual range today (15.25 points )
Market was within Carl’s range.
Trades: No trades
Grade: C (lost no money)
I don't ever play gold either, as it's too hard to predict. Like if the market crashes down in the 2nd half of this year, you could assume that gold will rocket higher on fear… or that hedge funds, big institutions, banks, etc… will dump large quantities of gold into the market place to cover their margin calls, which would cause the price to fall.
How do you know how much gold they are holding, and how much margin they have on their holdings… as well as how much affect it will make on the “supply and demand” side if dumped into market?
Very hard to predict gold short term, in my opinion… but in the long term, we are certainly going higher.
Just a tricyle.
Looks like you caught a nice up move… can ride in your Lambo with you?
Everyone's attention is being diverted to gold
I don't trade gold, however it can often be a good tell.
http://www.flickr.com/photos/47091634@N04/46023…
Gold is either putting in a terminal high now
OR
Ready to Explode 6% higher which would cause a SEVERE dislocation across capital markets
Bought stocks on May 7, Friday. Posted that here in real time.
Zero short.
I am waiting for a second 80- 90% upside day to go massively long.
Did you turn bullish? Trader! LOL