Friday, July 25, 2008

Stuck in the mud

This is torture here!!!!!!

Hopefully QMNM makes a little end of week run!!!!!!!!!!!

8 comments:

Nate Stephens said...

you're telling me. all the miners on my watchlist are up with gold, except my two, EGO and AUY. and while i was out today i missed two limit sell orders by pennies!!! i'm still stuck with all my buys from a week ago. this is making me crazy. i'd rather not be in over the weekend b/c i have no gauge of the market right now. very confusing.

JoeGoog23 said...

Don't bail on EGO, when it run's IT RUNS!!!!!!!!

It's not like they're getting hammered?? EGO is up 1% and AUY basically flat. Most are even to up 2%. Think you're overanalyzing.

Nate hang in, sorry but I gotta run.

Latviski said...

Gotta agree w/ Joe on this one, but I feel your frustration Nate.

When EGO goes, it will be in the mid high 8's real quick again, AZK will pop over 5 in a hurry when gold turns.

I've got several EGO lots, several AZK lots, one SWC lot, and a LOT of AUY that is underwater. It'll come back and then some. Hang tight bud!

Latviski said...

Joe - if you're still reading, you might want to set a sell (cover) on your GM shorts b/c it's falling pretty fast and might get hit...

Latviski said...

Covered GM short @11.72.

Just wanted to trade SOMETHING this afternoon, and couldn't turn down a 10% drop on the day for this one!

If we get a hard bounce for any reason next week I'll be at them again.

Latviski said...

Going for a run...gonna be out most of the weekend; back Sun night late.

Was a great morning, boring, but ok afternoon.

Couple of good flips, and some booking of previous lots; one QMNM flip for 10%. :)

Here's to QMNM making a move next week w/ the conf. call!!

Gotta find out what's up with BOHICA? 50% close on the day!!!

Hope everyone has a great weekend.

Fishfood said...

Just came back to watch closing

No trades today - it seems to be quiet before the storm

I smell something big next week, but I'm not sure which way.

Fundementals says down down down, but market seems to have it's own agenda sometimes and we might as well go up

I do believe the move will be big and therefore I wanna wait until we get directions

Currently holding a bunch of miners and one UYG bought at 20,9

Still with the family all weekend, but will check in now and then.

Have a great weekend, and get those trigger fingers cooled down :)

PS; LAT two thumbs up on the GM short

Latviski said...

Thanks Fish - GM's a fun one...if we go at it again soon, I hope you jump on too.

I'm resting my trigger finger up for monday's action!

No way to predict what will happen next week since it's all going to be news driven...I'm gonna trade it as it comes.