Posting of Real-Time Trades and a VERY SIMPLE technique that makes TRADING SIMPLE!!!
Friday, September 19, 2008
Morning guys
Well looks like we'll be sitting on our SKF's for s while, good thing is that once the scared money that went into gold the past couple days has all exited, we should really see a VERY quick rise through $1000 bringing all our miners with it.
8 comments:
Anonymous
said...
You think it's worth sitting on? I put a chunk into it... lost a pile so far.
We're in different boats bud, i'm thinking it'll tie up a bigger % or your money right?? With the amount of short covering we're going to see, I wouldn't be surprised to see $80. You don't happen to have any UYG too?? I'm holding mine till each id up 20%+ to help offset the sting of the SKF.
How big is your lot in relation to your whole account???
well, pretty big now... I was hoping to score a grand or two quick, now I've lost more than that. Grr argh. I have a few UYG @ 23.80... not enough to make up for sfk loss, unless it goes big.
No I know, sorry to put you in that position... It's not a huge deal because even if I lose everything I have in my stock portfolio, I still have money... My stock portfolio is simply my bid on early retirement.
I realize I don't know enough to to make the best choices on my own, and I would normally not ask this many questions anyway because before last week I was playing some good stock picks long... but well, you know. The market went crazy, and my small knowledge is useless now soI thought I'd try my hand at what you guys were doing... no worries, Joe. I take full responsibility! Thanks for your help.
By all means ask questions bro, everyone chips in here with advice that hopefully helps. It's just hard when they keep changing the rules. SKF could shoot right bacck up if theey don't extend the short-selling ban after 10 days.
I'd be looking at AUY, JAG & EGO here, or simply GDX!!!!
8 comments:
You think it's worth sitting on? I put a chunk into it... lost a pile so far.
We're in different boats bud, i'm thinking it'll tie up a bigger % or your money right?? With the amount of short covering we're going to see, I wouldn't be surprised to see $80. You don't happen to have any UYG too?? I'm holding mine till each id up 20%+ to help offset the sting of the SKF.
How big is your lot in relation to your whole account???
well, pretty big now... I was hoping to score a grand or two quick, now I've lost more than that. Grr argh. I have a few UYG @ 23.80... not enough to make up for sfk loss, unless it goes big.
Do you think it will recover?
You might want to bail on the SKF and take the loss causee UYG should make it back towards $27-30 if this goes through.
Maybe sell the SKF, and add back after the dust settles???
I hate giving advice when someone has a lot on the line.
Done then. Fekking OW. That hurt.
No I know, sorry to put you in that position... It's not a huge deal because even if I lose everything I have in my stock portfolio, I still have money... My stock portfolio is simply my bid on early retirement.
I realize I don't know enough to to make the best choices on my own, and I would normally not ask this many questions anyway because before last week I was playing some good stock picks long... but well, you know. The market went crazy, and my small knowledge is useless now soI thought I'd try my hand at what you guys were doing... no worries, Joe. I take full responsibility! Thanks for your help.
By all means ask questions bro, everyone chips in here with advice that hopefully helps. It's just hard when they keep changing the rules. SKF could shoot right bacck up if theey don't extend the short-selling ban after 10 days.
I'd be looking at AUY, JAG & EGO here, or simply GDX!!!!
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