Home Depot Tom??

If we're at the top of the range like I think we are then Home Depot is a perfect stock to short.

Should be able to get it down to the $25 area JMO

DCR

Thanks for the heads up, i'll look into it further.

Tom, I'll basically add @ $108 & $110 price of oil, until it reverses. I had it last time we were at 111 & DCR was $8.45, it ran up to $11.80 by the time oil got under $100.

I do the same with Yamana & Silver Wheaton quite often once they get overbought.

MDP

If you hear me talking about the "right" direction it'll ALWAYS be metals going higher and main markets going lower. Missed any Apple News???

As for GDX, I almost bought some today. I have some i bought @ $49.45 before the last run up and never booked. I could see it pushing $60+ this next run!!!! Did you buy in to it??

The right direction

Looks like we're moving in the right direction boyz!!!

Next week we really kick this into overdrive :)

SKF

It should Tom, IMO If the next two weeks with the financials reporting plays out like we think, we'll be back on our way to $140 again!!

Cube LOL

I got 4 lots bunched up between $100-$104 and need to raise some cash!!!

I'll take 4% gains all day :) Watch me when we get rolling with gold again ;)

SKF

Booked $100.08 purchase @ $104.07

RL52

No I book them all for profits. I choose the lowest lot when I'm selling. The main thing is that we are in an asset that we KNOW is in a long-term bull stage. Basically by the time Yamana gets to $19 i'll have booked all already. Along the way i'll also short when I deem necessary and I have a separate account for shorting.

If you go back and read the blog from day one you'll better understand what I do and you'll LOVE it :)

DCR

Started position @ $10.08

John

For Yamana I sold my positions the last ride up so when we hit $20 I was out. If it had continued I would have thought about getting back in. Then we got the pull-back and I started adding around $18.50 and have added basically every dollar on the way down. The lowest purchase was $14.49. Now when we start moving upwards i'll be booking each of my purchases for 3-6% gains (maybe more if there's a big jump in a day). If there's any pullback then i'll add again and book when it reverses. The main thing is for Gold to be rising and i'll constantly be booking. The reason I do this is that it is impossible to pick tops and bottoms so I plant lots on the way down and book on the way up. This has happened in Yamana basically every 3-4 weeks.

Another example is SKF. I have buys @ approx $100, 102, 103, 104, 107, 115

Now when we reverse i'll be booking them for gains and start planting UYG's (financial longs) so that I can book them on the way back down and plant SKF's again. Make sense????? As long as we're rangebound it's a perfect system.

SLW

Booked $16.06 purchase @ $16.63

Yamana

Booked $14.49 buy @ $14.93

Thanks Tom

I'm taking the same approach!! Set up very nice if we run from here and able to add a bit more if we dip.

Very quiet here today?? Must be the boring action??

MDP

Just means the financials are a tad weaker than other sectors, as they should be :)

EGO

Added @ $7.15

INTK

Ron, I try to stay away from pennies that are trending towards zero!! It's gone from .26 to .125 in the last 7 months!!!!

FGOC

Trading @ .59!!!!! Very nice entry point here for a quick 15% move!!

Oil Short

Gonna start planting some DCR's when oil passes $107/barrel

John

I'd stick with UYG, QLD & DDM for a breakthrough out of the range. You're good at the timing and you'd probably get a higher return.

Peter

You're in 13th place in the NCAA tourney out of 23 people

UMass looked really good the past two weeks. I love Travis Ford, he's gonna get them going in the right direction if he doesn't leave in two years!!