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  #4361  
Old 06-16-2009, 08:33 AM
CaptainJack CaptainJack is offline
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So far looking good for that $10 up day in gold. Right at 10 right now, AUY should do nicely today. Good luck!!!
  #4362  
Old 06-16-2009, 10:54 AM
Bruce7Trader Bruce7Trader is offline
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Smile Buy PM shares now or pay more into August!

Quote:
Originally Posted by CaptainJack View Post
So far looking good for that $10 up day in gold. Right at 10 right now, AUY should do nicely today. Good luck!!!
Captain those that were twisted into not buying due to the shorts that were posting yesterday are now soon to be Bag Holders in CRash. Worthless dollars and the Evil Manipulation that was going on for several days with the spoken desperate words spoken of safe haven buying of worthless dollars!

B7T

Tuesday rally is here as expected!

Worthless dollar sorry for the Dollar bag holders!
  #4363  
Old 06-16-2009, 11:02 AM
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Quaker2k9 Quaker2k9 is offline
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Quote:
Originally Posted by Bruce7Trader View Post
Tuesday rally is here as expected!
What rally?
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  #4364  
Old 06-16-2009, 11:24 AM
UK_Kev UK_Kev is offline
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Came across this article about the USO ETF. I'm sure most experienced people are aware of how USO works, but a heads up to others who are not.

USO Oil Fund - All of the Drops, Only Some of the Gains

Quote:
We all know that most ETFs are a total scam as they use a system called "creation units" to deliver shares to market WITHOUT changing the net asset value of the underlying assets of the fund. Because the funds are front-loaded (or front-unloaded) with cash during the day, professional arbitrators have a field day buying or shorting the underlying stocks or commodities that the ETFs MUST buy to "square up" their positions at the end of a day. Effectively, ETFs allow professional investors to pool the money of small investors into one, easy-to-manipulate target that follows pre-defined rules they can trade against.
BTW, great thread AGH, keep up the good work.
  #4365  
Old 06-16-2009, 11:44 AM
CaptainJack CaptainJack is offline
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Quote:
Originally Posted by Quaker2k9 View Post
What rally?

Nice post. Bruce, you mean worthless Canadian dollars right?
  #4366  
Old 06-16-2009, 11:46 AM
CaptainJack CaptainJack is offline
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Quote:
Originally Posted by Bruce7Trader View Post
Captain those that were twisted into not buying due to the shorts that were posting yesterday are now soon to be Bag Holders in CRash. Worthless dollars and the Evil Manipulation that was going on for several days with the spoken desperate words spoken of safe haven buying of worthless dollars!

B7T

Tuesday rally is here as expected!

Worthless dollar sorry for the Dollar bag holders!
THe Russia China news, backed with N. Koreas mouth should make for a nice little run here, back to 950 at least. Im looking for a bit higher than that before another pullback. As you smoke something, of course, you think every up day is THE DAY!!!
  #4367  
Old 06-16-2009, 12:51 PM
horton99 horton99 is offline
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I must admit this rally is impressive and yet the strangest I have ever seen. The ticker goes down in this rally instead of up.


Quote:
Originally Posted by

Tuesday rally is here as expected!

[B
Worthless dollar sorry for the Dollar bag holders![/b]
  #4368  
Old 06-16-2009, 01:21 PM
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GoldBricker GoldBricker is offline
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Default Sinking ship!!

Not mentioning any names but when the ship starts to sink.. The rats abandon the ship swim to shore and forage in the garden.
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Last edited by GoldBricker : 06-16-2009 at 01:37 PM.
  #4369  
Old 06-16-2009, 02:07 PM
horton99 horton99 is offline
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Smart rat.

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Originally Posted by GoldBricker View Post
Not mentioning any names but when the ship starts to sink.. The rats abandon the ship swim to shore and forage in the garden.
  #4370  
Old 06-16-2009, 03:58 PM
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Bluebonnet Bluebonnet is offline
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Default Auy

Quote:
Originally Posted by CaptainJack View Post
So far looking good for that $10 up day in gold. Right at 10 right now, AUY should do nicely today. Good luck!!!
Exited AUY at 9.20 for a small loss. I put in a new buy order at 8.77. If it doesn't get filled, I'll live with it. It looks like a good buy, Capt.; I just don't have the nerve to sit on this one right now. I need some sleep the next few nights. Currently in all cash and coins, and waiting for a good re-entry point into CEF. Does anyone have a re-entry target for CEF? I put in a buy order for 1/4 of what I plan to buy at 11.85 and we'll see what happens...
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