Goldtent TA Paradise

Cave drawings

1. EagleSeagle says:

   January 17, 2015 - 5:30 am at 5:30 am

   You know, I saw a spx vs. gold chart and the inverse relationship. Some are calling for a turn about now–spx down then gold/commodities up. Some are calling for a top now then a pullback into 1000K then load the boat. Next week will be telling. Still have not had the one big capitulation flush. however, the last two years could be considered “the big flush”…Momentum indicators are getting toppy though on the daily basis…

2. washer says:

   January 17, 2015 - 6:04 am at 6:04 am

   This is a very dangerous game that we play, Sir Eagle. I started in 99 with my first ounce of gold and in 2001 with my first goldstock. DROOY 🙂 Since then I’ve made and lost 2 “fortunes”. Traded from every time frame, as a bull, as a bear, a leader, a follower, a technician, a fundamentalist, a genius, a clown, and finally a caveman. I know everything, I know nothing. That is the only truth. We all have a story and a method.

   In November I stopped “trading”, sold the last of my physical, took a moral inventory and decided to walk away.

   The ultimate bottom indicator had finally been triggered 🙂

   I spent December doing heavy DD on juniors who had a bright future in ANY environment. Bought the year-end dumps and will hold until retirement or so. (5-10) years. As of yesterday, I have already made back all my losses for 2014. I am convinced that this vicious bear ended on Nov 7th. If it didn’t I’ll still survive.

   This was my only real winning method in the past so I’m using it going forward.

   I respect you for sharing your hard work and I am saving those lessons for retirement and day-trading.

   Because nothing is more fun than this. 🙂 🙂

3. grin says:

   January 17, 2015 - 8:03 am at 8:03 am

   I’d believe you washer but you just cut and paste my story…GG…

4. washer says:

   January 17, 2015 - 8:17 am at 8:17 am

   Mr. Grin: You are an excellent chartist and understand these markets as well as anyone.
   Your confidence has been shaken so you are guarded.

   I can only tell you what my daughter told me. Don’t give up. Do not throw away all you know, all that you are capable of. Just do it again.

   I’m doing it. 🙂 (The “elephant” is up 20%).

5. grin says:

   January 17, 2015 - 8:37 am at 8:37 am

   thanks Mr washer. You are right about the giving up, I did in September after making over 100 % last year and watched it all disappear in a long position. It was another personal matter that made me give up) I just stopped trading. Like you, I should have 5-10 yrs to retirement but it doesn’t look to good for me.

   Just do it again is a good motto.Smart girl, youre very lucky to have her.

6. washer says:

   January 17, 2015 - 8:45 am at 8:45 am

   The bank-robbing Grampas Gang has a nice ring to it. 🙂