Thread: Bear Cave 2 (Bull Allowed)

Originally Posted by CrabClaw

will gold punch through $1250? or will it retrace some. I am pondering picking up some DUST for a quick trade if gold continues to stall here.

Savage just updated and he is staying flat on gold. It sure looks like they want to push thru 1250, so watch your position size on that DUST trade if you take it.

Good trading and I'm flat.....

Originally Posted by CrabClaw

I think your setup for shorting will be coming sooner rather than later. stay nimble

Thanks and I will.

Originally Posted by robo

I have had a very nice run for many shares of my JNUG that I held for a trade. Time to sell, and if they go higher, that’s great…. because I’m not selling any of my GDXJ shares. I'll look to buy back JNUG for another trade if the set-up looks good. If you are wondering why I'm selling when I'm Bullish......I don't hold 3X indexes for position trades. Sure, I think JNUG could go much higher today, and I'm leaving money on the table.....However, I have Risk Management Rules and holding 3X indexes for a position trade is something I just will not do. It's nice when the trade goes well, but when it doesn't, it's very hard to hold your position....been there and done that.

Good trading.

1/17/2014 9:30:56 AM ET JNUG Sold JNUG @ $22.5101 Executed

Yeah, that's called "The School of Hard Knocks". The tuition is expensive, but we all have to go through it. Live and learn.

Originally Posted by CrabClaw

will gold punch through $1250? or will it retrace some. I am pondering picking up some DUST for a quick trade if gold continues to stall here.

gold at $1252, rats!

CrabClaw,

I'm taking a small DUST trade myself for fun....This is a Beer money trade....I'm bored, flat, and have had a very nice week....I will sell this before the close even if it's a loser.

This is a day-trade only!


1/17/2014 1108 AM ET DUST Bought 400 DUST @ $31.7698 Executed

Good trading.

Originally Posted by robo

CrabClaw,

I'm taking a small DUST trade myself for fun....This is a Beer money trade....I'm bored, flat, and have had a very nice week....I will sell this before the close even if it's a loser.

This is a day-trade only!


1/17/2014 1108 AM ET DUST Bought 400 DUST @ $31.7698 Executed

Good trading.

Wow...close to my stop already....this looks to be loser...The Bulls are on the run...My GDXJ and GDX are smoking!

I'll let this run some more, but I don't want it to get out of hand....

Did you buy or pass?

Originally Posted by robo

Wow...close to my stop already....this looks to be loser...The Bulls are on the run...My GDXJ and GDX are smoking!

I'll let this run some more, but I don't want it to get out of hand....

Did you buy or pass?

I bought some... $32.78

Added and sold....Flat and waiting.


1/17/2014 1220 PM ET DUST Sold 950 DUST @ $31.879 Executed

1/17/2014 11:39:05 AM ET DUST Bought 350 DUST @ $31.52 Executed

1/17/2014 11:38:21 AM ET DUST Bought 200 DUST @ $31.52 Executed

1/17/2014 1108 AM ET DUST Bought 400 DUST @ $31.7698 Executed

Good trading.

Originally Posted by CrabClaw

I bought some... $32.78

I just sold....the Bulls are on the run Brotherman! I may try again later.

Good trading.


Rambus is still adding to his miner small cap positions.

CrabClaw,

I'm taking another day-trade with JDST, but I don't recommend it because it's not very liquid.

1/17/2014 216 PM ET JDST Bought JDST @ $36.8999 Executed


Lets see if traders want to settle up before the long weekend and we can still make some Beer money.

Good trading.

What a week for the miners....

http://stockcharts.com/h-sc/ui?s=$HU...76&a=290636225

http://stockcharts.com/h-sc/ui?s=gdxj

http://finance.yahoo.com/q/bc?s=JNUG+Basic+Chart&t=5d