Hats off to Chartsmaster
and his steadfast position that “this is it.”
Got fully loaded with calls last week…and then watched the stinkers go down…but decent close on the week. Checked charts all over the place this weekend, kept getting this deep-seated feeling that this week we go UP, not down.
Sold a couple of calls early last week for 100% gains. So a tiny bit of cash sitting there.
Read a great chart on AUY – poised for the stars.
Bought what little I could this morning on July calls. Up 20% plus so far, and two months to go.
At any rate, it’s been quite awhile since I experienced such stellar gains as this morning, thanks to Chartsmaster and others who put up charts that supported UP from here.
Could it reverse and all those gains disappear? Yes, and perhaps they will. That’s the life a goldbug.
But meanwhile, it is fun to see the moves we are seeing today.
(Hope I did not jinx the rally!)
Congrats, Sir Silverboom and thanks for the kind words. Stay focused on this breakout, it is the REAL DEAL. However, since you are using calls, be aware the banksters aren’t going to just roll over and die (at least not yet). I am looking for two more pullback buying opportunities, they may be the last ones for a long time. New post on that later today or tomorrow.
Copy that, Chartsmaster – already sold a few calls this morning, following my “rules” to sell some at 100% gains.
And then use that cash to re-buy…
Plus 1 CM !
Boom goes the dynamite!