bobcollett

Hi zedo PM's will trade sidewise or weaken around the full moon bobc

The Boston Strangler is going to get you zdo

The Gold Gap has not closed . Its sideways. And the price has closed higher than 4 previous days . Thats a sign of strength and will bring buyers.I am out of my short position at a loss of 3 points. I am scared the price will gap up through my stop and I will lose 20 points The short term trend is now UP Time for a rethink. bobc

The last 4 days have seen Gold open GAP UP , and then close the gap over the day. Today the gap was bigger than previous...38 points. And the gap is slowly closing. Here are two trades: Sell immediately for a 16 point possible profit to close the gap. Buy at the market close for a gap up tomorrow. SELL at the open. regards bobc PS I wonder if anyone is listening

Hello!! AUS $ falls sharply. regards bobc

Be careful kuokom, Gold remains very oversold . It can easily get another bounce up, and then you will be stopped out.I will wait for a bounce. Just a thought.At 1350, or there abouts,China could become a buyer to get rid of their pile of dollars.Thats just a thought and has no academic backing. I am looking at shorting Copper or a copper elated stock. regards bobc

Just a quick thought for the unwashed..... If Gold stays below 1400, then the Australian $ is a short against all currencies Gold is Aussies third biggest export. Wheres Ingot? regards bobc

Hi zdo No offence meant ...are you a boy or a girl? kind regards bobc

Wheres ingot?...................retired? regards bobc

Hi Richard Nice post The trend is the ONLY TRUE EDGE traders have. The rest is confusion. kind regards bobc

When I post solid advice nobody says thank you. And the advice is always in advance ... not hindsight. I know why. Every member (except Sun Trader) is a gold bull, so my posts are bad news. Well, some good news. Gold is up a bit today.Thats no V bottom.Just positive demand. And Goldman Sachs, who went short last week with a stop at 1450, have moved their stop to 1400. So they want to lock in profits. And SN ....sun spots... have dropped from 150 to 99, and we ALWAYS get a recovery after this drop. But that does not mean you should be buying Gold. Just trying to get out with a smaller loss. And the latest on my favourite share.....GS Goldman Sachs posts the latest good news for US banks ? Quartz regards bobc

I used to have a boxer called Smokey Joe. He would not sleep outside without the lights on.

Goldman Sachs.....(lengthening message) bobc

Heres the "picture" bobc

[quote=zdo;1 But I am trading gold for silver…at an accelerating rate. … Hi zdo Stop doing this. And sell all the Silver. TODAY. Buy Goldman Sachs (They are short 1 billion$) Thats hearsay!! kind regards bobc

To all Gold traders And Silver traders SELL, SELL, SELL. June Futures contracts down $60 Thats a smash!!! Solar flare M class arriving this weekend. That wiil also knock the indexes .(S&P) YOU HVE BEEN WARNED regards bobc

This is for Jimbo and Larry, Gold will NOT increase because of QE. Forget about inflation. Thats why everybody is printing money, to create inflation, and its not happening.The money is going into stocks.Its not circulating fast enough. The more money printed , the more stocks will rise .Because the institutions need to invest all the QE money. And now Japan has joined the printers with an expected trillion $ expansion.And the NIKKI has risen 40%. Thats going to put Gold sideways for another 2 years. Some more...Who buys gold ? China and India, and they have slowed down. There is weak demand!!!! You can trade Gold but buying it long term is..... long term. Buy Goldman Sachs. They've got all the QE money. kind regards bobc PS The day after interest rates start rising, thats the day stocks will start falling. PSS .Even then dont buy Gold PSSS.The trend is DOWN, but its the end of a lunar Green period this weekend.. Stocks will take a breather from about Wednesday. Possible trading opportunity to Buy Gold for a 20 point rise.

Hi Vinayak Everybody has their own news source. You mention Bloomberg plays an integral part in your trading day. Why not add a few comments on how you would use some of this info.? Otherwise I think you are wearing out your keyboard! regards bobc

Hi ntrader Not this year regards bobc

The teacher asked her Grade 1 class "OK class, what sounds did you hear on our trip to the farm?" There were various replies "Moo" "Baaaaa" "Quack, quack" "Get off that F..king tractor "

Hi Ingot Still on top, and now 166% return I think you should tell everybody how you did it. kind regards bobc

Cyprus is a "tipping point" BUY, BUY, BUY. But I think it will be a gradual move up. STOP below 1590. Everbody else's stop is just below 1600 regards bobc

Ok Ingot 125% return within 30 days Albert would have been proud Get out NOW!!!!! regards bobc

Hey Ingot You are winning . Pretty good regards bobc

Well autotrader Thats quite a mouthfull. I think EW is fantastic,but I struggle to find the waves before the event. I think you can invest , but you can only TRADE the 5th wave with some certainity regards bobc