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Previous 10 Next 10  To: Cogito Ergo Sum who wrote (115236) 11/12/2021 9:23:50 PM From: Rarebird    of 116427   Rub that Aladin Lamp, Sane, and all your dreams will come true. Only problem is there's a price to pay. Gold Price Monitor | Stock Discussion ForumsShare RecommendKeepReplyMark as Last ReadRead Replies (1) To: Rarebird who wrote (115238) 11/12/2021 10:43:24 PM From: Cogito Ergo Sum 1 Recommendation   of 116427   There is no magic lamp.. the moniker was coined by Bowie.. break up the first word into 3 A mood thing.. have had this alias before.. in my most profitable times Gold Price Monitor | Stock Discussion ForumsShare RecommendKeepReplyMark as Last Read To: Rarebird who wrote (115227) 11/13/2021 1:12:44 PM From: rogermci®    of 116427   I am, a small position with a small loss. Cheap with some recent favorable news. Gold Price Monitor | Stock Discussion ForumsShare RecommendKeepReplyMark as Last Read To: Sun Tzu who wrote (115215) 11/23/2021 8:52:40 AM From: Rarebird 1 Recommendation   of 116427   So, what do you do in a situation like this where it appears that Gold is back below its old trading range ( pending the close, of course) after recently breaking out? Do you sell or hold? There needs to be a time line for a break out to be considered a true break out. Lots of stocks temporarily break out of their range and then reveal that it was a fake out a few days or a week later. Gold Price Monitor | Stock Discussion ForumsShare RecommendKeepReplyMark as Last ReadRead Replies (2) To: Rarebird who wrote (115241) 11/23/2021 9:18:27 AM From: Sun Tzu    of 116427   Our expectation was for a pullback to the 1805ish level (just bellow the first target) but not to the 2nd target. Message 33582387 I have to rework the numbers to see what has changed. Gold Price Monitor | Stock Discussion ForumsShare RecommendKeepReplyMark as Last Read To: Rarebird who wrote (115241) 11/23/2021 12:19:19 PM From: Sun Tzu 1 Recommendation   of 116427   On a weekly chart gold and silver look to be consolidating within an uptrend. But the downside support is too low for me. I am going to take the loss until I figure it out. Gold Price Monitor | Stock Discussion ForumsShare RecommendKeepReplyMark as Last ReadRead Replies (2) To: Sun Tzu who wrote (115243) 11/23/2021 12:46:35 PM From: Rarebird 2 Recommendations   of 116427   What took place in regard to Gold is typical: lots of stocks have strong breakouts and then retreat into their own range shortly thereafter. I went through this with AA, which broke out recently with an 11% daily gain, only to fall back within its old range. But now the range has extended. I am up a bit, nothing special. I am long a number of stocks that go up/down 5% on a daily basis. Their daily range is sometimes 7-8%. In the case of Gold, I think you were wise selling. I say this because Gold is a momentum trade and the momentum was broken today. I am long stocks that trade within a box of 15%. They hold the range for months, then boom!! It is all about your time horizon and how you size up the company, fundamentally speaking. Gold Price Monitor | Stock Discussion ForumsShare RecommendKeepReplyMark as Last ReadRead Replies (1) To: Rarebird who wrote (115244) 11/23/2021 12:49:38 PM From: Cogito Ergo Sum    of 116427   Yes I been trading a portion of AA LOL One win pays most of my mortgage... not shabby LOL Gold Price Monitor | Stock Discussion ForumsShare RecommendKeepReplyMark as Last ReadRead Replies (1) To: Sun Tzu who wrote (115243) 11/23/2021 12:51:00 PM From: tntpal 1 Recommendation   of 116427   Gold low today is $1781.75... [so far] Message 33586180 Gold Price Monitor | Stock Discussion ForumsShare RecommendKeepReplyMark as Last Read To: Cogito Ergo Sum who wrote (115245) 11/23/2021 12:58:40 PM From: Rarebird    of 116427   So have I....Thing that gets me, I own a few retailers that are down 3-4% today because BBY and ANF reported earnings and were down 16%. The same thing happened a few days ago to the upside when M and another retailer beat estimates and the stocks surged 18%. Wonder what the hell my GPS will do when they report after the close? I am going to probably sell half sometime today and play it frugal. I wish I had a crystal ball. Gold Price Monitor | Stock Discussion ForumsShare RecommendKeepReplyMark as Last ReadRead Replies (1) Previous 10 Next 10