How high goes the rally on Obama infrastructure spending?

[NotCranky]

Stockstrader, have you ever considered Gambler’s Anonymous? Seriously, I would like to hear why or why not. Maybe your strategies and focus are perfectly fine. It strikes me as unusual …but I don’t know much about being a “trader” .

Ruling you out, do people get negatively addicted to trading?

[peterb]

I’m all US$ now. Got out of my gold miners for a 45% profit after two weeks of owning them. Gotta take that kind of gain when you can in this market. Normally, I would let that sucker ride to the moon, but not now. The cycle indicators still say we’re in a 22 week climb as of touching the November low at ~7400. But this looks to be a pull-back to solidify the gain and form a base. Good chance it will start to climb again in a few days. But it’s skiddish and may retest November. Take profit when you can in this market. IMO.

Also, I have physical gold. 25% of my total portfolio. Sold a bunch at $800. Look at how it’s held up. 20% of it’s high. What asset class can say that right now? Housing down 25% or more, markets down 40%, CRB down 75%. The US$ has risen a lot in the last two months, but look how it was driven into the ground for the last 4 years. When you measure golds rise to $1045 and now at $800, it’s been the real winner out there!! But I think the US$ is gonna surprise everyone with it’s tenacity to climb over the next two years.

[peterb]

I’m all US$ now. Got out of my gold miners for a 45% profit after two weeks of owning them. Gotta take that kind of gain when you can in this market. Normally, I would let that sucker ride to the moon, but not now. The cycle indicators still say we’re in a 22 week climb as of touching the November low at ~7400. But this looks to be a pull-back to solidify the gain and form a base. Good chance it will start to climb again in a few days. But it’s skiddish and may retest November. Take profit when you can in this market. IMO.

Also, I have physical gold. 25% of my total portfolio. Sold a bunch at $800. Look at how it’s held up. 20% of it’s high. What asset class can say that right now? Housing down 25% or more, markets down 40%, CRB down 75%. The US$ has risen a lot in the last two months, but look how it was driven into the ground for the last 4 years. When you measure golds rise to $1045 and now at $800, it’s been the real winner out there!! But I think the US$ is gonna surprise everyone with it’s tenacity to climb over the next two years.

[peterb]

I’m all US$ now. Got out of my gold miners for a 45% profit after two weeks of owning them. Gotta take that kind of gain when you can in this market. Normally, I would let that sucker ride to the moon, but not now. The cycle indicators still say we’re in a 22 week climb as of touching the November low at ~7400. But this looks to be a pull-back to solidify the gain and form a base. Good chance it will start to climb again in a few days. But it’s skiddish and may retest November. Take profit when you can in this market. IMO.

Also, I have physical gold. 25% of my total portfolio. Sold a bunch at $800. Look at how it’s held up. 20% of it’s high. What asset class can say that right now? Housing down 25% or more, markets down 40%, CRB down 75%. The US$ has risen a lot in the last two months, but look how it was driven into the ground for the last 4 years. When you measure golds rise to $1045 and now at $800, it’s been the real winner out there!! But I think the US$ is gonna surprise everyone with it’s tenacity to climb over the next two years.

[peterb]

I’m all US$ now. Got out of my gold miners for a 45% profit after two weeks of owning them. Gotta take that kind of gain when you can in this market. Normally, I would let that sucker ride to the moon, but not now. The cycle indicators still say we’re in a 22 week climb as of touching the November low at ~7400. But this looks to be a pull-back to solidify the gain and form a base. Good chance it will start to climb again in a few days. But it’s skiddish and may retest November. Take profit when you can in this market. IMO.

Also, I have physical gold. 25% of my total portfolio. Sold a bunch at $800. Look at how it’s held up. 20% of it’s high. What asset class can say that right now? Housing down 25% or more, markets down 40%, CRB down 75%. The US$ has risen a lot in the last two months, but look how it was driven into the ground for the last 4 years. When you measure golds rise to $1045 and now at $800, it’s been the real winner out there!! But I think the US$ is gonna surprise everyone with it’s tenacity to climb over the next two years.

[peterb]

I’m all US$ now. Got out of my gold miners for a 45% profit after two weeks of owning them. Gotta take that kind of gain when you can in this market. Normally, I would let that sucker ride to the moon, but not now. The cycle indicators still say we’re in a 22 week climb as of touching the November low at ~7400. But this looks to be a pull-back to solidify the gain and form a base. Good chance it will start to climb again in a few days. But it’s skiddish and may retest November. Take profit when you can in this market. IMO.

Also, I have physical gold. 25% of my total portfolio. Sold a bunch at $800. Look at how it’s held up. 20% of it’s high. What asset class can say that right now? Housing down 25% or more, markets down 40%, CRB down 75%. The US$ has risen a lot in the last two months, but look how it was driven into the ground for the last 4 years. When you measure golds rise to $1045 and now at $800, it’s been the real winner out there!! But I think the US$ is gonna surprise everyone with it’s tenacity to climb over the next two years.

[cooperthedog]

[quote=Rustico]Stockstrader, have you ever considered Gambler’s Anonymous? Seriously, I would like to hear why or why not. Maybe your strategies and focus are perfectly fine. It strikes me as unusual …but I don’t know much about being a “trader” .

Ruling you out, do people get negatively addicted to trading?[/quote]

Stockstradr,

I have to agree with Rustico, you are all over the map regarding your investment time frames, and the gambling analogy is starting to look valid.

You’ve made alot of money in a year where most have taken serious losses. You should focus on protecting your capital via appropriate risk management & trade with discipline and well defined time horizons.

Also, please stop using the term “fool’s rally” in every post…

[cooperthedog]

[quote=Rustico]Stockstrader, have you ever considered Gambler’s Anonymous? Seriously, I would like to hear why or why not. Maybe your strategies and focus are perfectly fine. It strikes me as unusual …but I don’t know much about being a “trader” .

Ruling you out, do people get negatively addicted to trading?[/quote]

Stockstradr,

I have to agree with Rustico, you are all over the map regarding your investment time frames, and the gambling analogy is starting to look valid.

You’ve made alot of money in a year where most have taken serious losses. You should focus on protecting your capital via appropriate risk management & trade with discipline and well defined time horizons.

Also, please stop using the term “fool’s rally” in every post…

[cooperthedog]

[quote=Rustico]Stockstrader, have you ever considered Gambler’s Anonymous? Seriously, I would like to hear why or why not. Maybe your strategies and focus are perfectly fine. It strikes me as unusual …but I don’t know much about being a “trader” .

Ruling you out, do people get negatively addicted to trading?[/quote]

Stockstradr,

I have to agree with Rustico, you are all over the map regarding your investment time frames, and the gambling analogy is starting to look valid.

You’ve made alot of money in a year where most have taken serious losses. You should focus on protecting your capital via appropriate risk management & trade with discipline and well defined time horizons.

Also, please stop using the term “fool’s rally” in every post…

[cooperthedog]

[quote=Rustico]Stockstrader, have you ever considered Gambler’s Anonymous? Seriously, I would like to hear why or why not. Maybe your strategies and focus are perfectly fine. It strikes me as unusual …but I don’t know much about being a “trader” .

Ruling you out, do people get negatively addicted to trading?[/quote]

Stockstradr,

I have to agree with Rustico, you are all over the map regarding your investment time frames, and the gambling analogy is starting to look valid.

You’ve made alot of money in a year where most have taken serious losses. You should focus on protecting your capital via appropriate risk management & trade with discipline and well defined time horizons.

Also, please stop using the term “fool’s rally” in every post…

[cooperthedog]

[quote=Rustico]Stockstrader, have you ever considered Gambler’s Anonymous? Seriously, I would like to hear why or why not. Maybe your strategies and focus are perfectly fine. It strikes me as unusual …but I don’t know much about being a “trader” .

Ruling you out, do people get negatively addicted to trading?[/quote]

Stockstradr,

I have to agree with Rustico, you are all over the map regarding your investment time frames, and the gambling analogy is starting to look valid.

You’ve made alot of money in a year where most have taken serious losses. You should focus on protecting your capital via appropriate risk management & trade with discipline and well defined time horizons.

Also, please stop using the term “fool’s rally” in every post…

[HereWeGo]

Fear and humility are your friends in this market.

[HereWeGo]

Fear and humility are your friends in this market.

[HereWeGo]

Fear and humility are your friends in this market.

[HereWeGo]

Fear and humility are your friends in this market.

[Author]

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