unlike oil which gets used as in burnt as fuel, gold doesn't get used in the sense that it burns up or disappears, so the supply is only a function of demand, not real consumption
the machine thanks you for taking the shares off its hands at such a lofty price. gold bear markets can last decades such as the drop from 800 to 200 that started in the 80's, a mere 20 percent drop in gold is nothing if gold is going back into a significant bear market
well a bear market in gold would not be good they last for years, much like the drop from 800 to 200, a decades or so process for the bottom to arrive
an insider did sell just over 24.00, and he's probably a lot brighter than all the raging bulls here
Gee, do ya think INTC will keep rising and rising and rising as the market tops out and turns down? not exactly making new highs today
arms index registering overbought conditions
So are we practicing law without a license now Waldo? Rendering a legal opinion. That's a big no, no: even with a law degree. There will be no csco to prop up the markets tomorrow, and there's plenty of room for a move further down below the 24 you thought was so wonderful 3 long years ago. Shout it to the message board that you are not a "public person" ; you post on a public message board read by other members of the same group, public message board readers, but you define yourself in no uncertain terms as not a public person, lawyer, judge, and jury all wrapped up by a self serving proclamation with no foundation. Is a "public person" in Vietnam unknown to the rest of the world a public person in the United States, in California, in Sacramento? As sure as a person can have a "public person" status in some instances and a private person status is others, the opposite scenario would also have to be true.
absolute nonsense, I keep getting the junk all the time and never opted in to receive it. See the wonder of GOFF, pumped as the greatest thing out there as it ran all the way to .65 only to fall back to reality down at .02 where a company that has never generated a penny of income belongs. The wonders of penny stock land.
Too little money to be gained shorting INTC, much more to be gained buying a nice dbl or triple short etf. cause the party just getting started
Twas a nice run in the SQQQ from the low down at 26.58 to 26.88 ish, gotta be careful with these, but sure maximizes gains during a downturn.correction.
dble checked the arbeter note from last Friday, the upside quoted was 1650-1660.
the belief was the upside was limited, with head and shoulder type topping or dbl topping formation forming.
I'm looking for the turn down in the signals for confirmation to enter long sqqq for a buy and hold . Though I did buy some for the IRA today.
Apparantly, you haven't learned very much. Even a long dated option fluctuates in value. But never fear, the correction that will inevitably come with take your beloved INTC share along for the ride, and then you will likely ride them down again. Your biggest investment for years appears to have been in time spent pumping INTC. It most certainly has not been in making good investment decisions.
You are a prime example of an old dog who refuses to learn new tricks. For years you've been pumping INTC and are now back down under the 24 you pumped around 3 years ago, uttterly failing to capture gains, just forever riding the same old tired merry go round. Never fear, before you reach the ripe old age of 65, another recession will arrive, and you'll likely still be working in your shop 80 hours a week, pity not at 400.00 hour billable time
A pretty good sign of a correction would be a roll over of the macd in conjunction with a declining rsi, which fits with your projection of lower prices for INTC. fwiw, arbeter had a target of 1650 ish on the spy, then a meaningful correction. long overdue.