I didn't mean to sound obnoxious but it bothers me when I see AX saying "jim says this and jims says that". He says we'll have no pullback when we're flying thus keeping people from booking, then says the pullback was just what he was expecting????? Totally contradicts himself.
As for me, you'll notice that all I care about is BOOKING. I'm in my SKF, but added UYG today and expect to book both in the green. Being a contrarian in this market is VERY rewarding.
Glad to have you aboard bud
Joe
3 comments:
I do read Sinclair. I give him more credit than Ax - who I do not follow. I like Hawks charts! Very nice stuff he does.
Here's what Sinclair said today: "If you call yourself a trader and were not selling into the mid 990s in the active gold contract today then I suggest you throw your computer away and go back to whatever occupation got you here."
So, it seems he is of the booking ilk after all.
So far I've been on the sidelines here, trying to grasp what is going on with your system. I'll be buying as they bottom and then booking on the way up as you suggest Joe.
Either way, gold IS going up and I'll be holding a core.
Agreed. This is why I look to independent thinkers like you in order to expand my horizons. I like to read analysis by all types of sources and base my actions on what I feel is right. I think it gives me a more objective prospective when I see how everyone is thinking, even the cheerleaders.
After seeing this (below) posted I was very annoyed as well. It's very easy to write something like this after the fact, especially when you are already considered an expert. If he really wanted to help, he should have warned people when gold was getting toppy??? It's bullshit, and very cocky on his part, which I don't like either. But still I must credit him with the fact that he initially drew my attention to the gold bull market, but he can only take one so far. Hopefully this blog is your first step towards helping investors in a way Jim cannot.
"If you call yourself a trader and were not selling into the mid 990s in the active gold contract today then I suggest you throw your computer away and go back to whatever occupation got you here."-Jim S
Pete
Ha, posted that one as I was writing Ron, I guess we all agree to an extent. Either way I hope tomorrow treats us all nicely.
Post a Comment