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Hey Bouraq, anonymous here...just to tell you of my adventures the last 3 weeks.Out of stocks during the correction...thought any rebound would be backing and filling...never put money back in-happened too fast.Amazing stuff.The way gdx has cratered...any chance of a bear market 10% rally here? Lots of volume as it broke down yesterday.Possible short term bottom soon? I nibbled yesterday.
Just one more comment...sure seems like this Japanese QE and the potential Draghi QE should easily get the Nasdaq past its 5000+ alltime high.I m putting some money in for that occurrance but if we break the 50 day or especially 200 DMA I ll be out again.Cheers.
Hi, I wouldn't bet on gold anymore because it has miserably failed recently and broke down major supports. It may rally due to being oversold but 10% sounds way too much. Even the biggest wildest bulls weren't expecting this rally believe me. Don't listen to them when they say I told. They didn't. No one did. By mid october they were shitting their pants. And yes 5000 NDX seems entirely possible now.
Hey Bouraq, anonymous here...just to tell you of my adventures the last 3 weeks.Out of stocks during the correction...thought any rebound would be backing and filling...never put money back in-happened too fast.Amazing stuff.The way gdx has cratered...any chance of a bear market 10% rally here? Lots of volume as it broke down yesterday.Possible short term bottom soon? I nibbled yesterday.
ReplyDeleteJust one more comment...sure seems like this Japanese QE and the potential Draghi QE should easily get the Nasdaq past its 5000+ alltime high.I m putting some money in for that occurrance but if we break the 50 day or especially 200 DMA I ll be out again.Cheers.
ReplyDeleteHi,
ReplyDeleteI wouldn't bet on gold anymore because it has miserably failed recently and broke down major supports. It may rally due to being oversold but 10% sounds way too much.
Even the biggest wildest bulls weren't expecting this rally believe me. Don't listen to them when they say I told. They didn't. No one did. By mid october they were shitting their pants. And yes 5000 NDX seems entirely possible now.
Right...a lot of underwear ruined...lol.
ReplyDelete