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I'm in here at .28
I thought we would be closer to .40 by now.
Holding on for now.
Took a major hit to the superstructure here today.
Everything was in the red today.
I'm just glad I went to 50% in cash a few days ago or it would have been much worse!
Holding on now for a bounce (hopefully)
I'm just glad I bailed on GLD a few days ago for a modest loss. I would have taken a huge bath u
If I had held.
I'm still watching it very closely for any reversal.
I agree I'm a buyer here again tomorrow but not until after the bell.
This is an over reaction by the market.
There is no place else to put money to work except equities.
The S&P will bounce and we will be fine.
I bought today in pre-market and some more a little while ago.
This goes up once the panic is over.
The market is very nervous.
The Fed says QE continues and the market sells off.
I see it as a yard sale end of day today.
Some great buying opportunities
Once the market figures out that we have another couple of quarters of QE, equities are going to fly!
JMHO
Buy on dips.
We are seeing higher lows and higher highs.
Doing great the past few sessions!
JMHO
Great buying opportunity right now.
We go much higher tomorrow on the Fed news!!
I sold today at 20.98
I'm traveling and couldn't watch it any longer
Still not bad for 19.75 entry
At 8:30 ET the Census Bureau will publish data on housing starts and building permits.
Just under 2 hours from now.
A good report should push HD higher this morning.
Nice.
I'm selling at 21.15 from entry at 19.75
Looks like another good buying opportunity here early Monday.
I'll be watching it closely for another entry position.
I believe the market will be up Monday and Tuesday
I expect to sell Tuesday afternoon.
We shall see.
GLTU
I think the meeting on Tuesday and the news on Wednesday will serve as a market catalyst so I'm holding XIV for now. I will sell on any solid run and take my profits by Tuesday PM
Just MHO.
I had to pick some up this AM at 19.75
Surely the market is on sale on unfounded taper worries.
We should bounce back soon IMHO
The good news today is the volume spike.
There is a huge short interest that tries to push it back down,but the tendency is for the stock to want to climb.
Eventually the share price will break through the resistance and the shorts will have to cover.
When that happens, it will move up quickly.
This is an investment not a trade.
The $25 were in January.
The latest ones were at $30.75
I agree it moves up through the summer and heading into distribution date.
Drop in dollar and drop in equities should have been good for Gold yet it continues to drop. I don't like the way it's trading.
Got out EOD yesterday and feel lucky to escape with a $3,000 loss.
I felt like I did everything right and the price didn't do what it should have done.
I'll look to make it back elsewhere (?energy, biotech)
Any news would be great!
Started a position here yesterday EOD at .28
GLTA
Are you shorting Gold or the GLD or the GDX or all three?
Rating upgrade this AM for the GLD to neutral from avoid.
I agree the GLD moves higher from these levels this summer.
Lol.
He does have a habit of jinxing the share price!
I hope so.
I bought another 500 shares to average down.
I'm in here big now.
It was nice to see it move up some AH.
Yep. I'm holding on for now
Ok.
Ready to rock
Picked up 500 at 136.44 pre-market
GLTA
I'm thinking of getting in pre-market tomorrow AM?
That's pretty wild.
Thanks for posting it.
I've been out of both CZR and LVS also.
Looking for a re-entry at some point.
I'll post it when I jump back in.
These two have been a great play for us both.
I got out a little while ago AH in the 21.60 range
Flipped temporarily into TVIX at 2.99 for tomorrow only.
I will look to flip back into XIV early next week.
I just think the market will be red tomorrow regardless if the jobs # is good or bad!
If the jobs report is weak the market will fall as interest rates are higher.
If the jobs report is good (over 160,000) then the market will fall because of fears of QE tapering by the fed.
So either way the market falls tomorrow unless the jobs report is right on target at 160,000 (and the actual number is almost never the predicted #)
I'm betting against the S&P tomorrow by taking an AH position here now after selling out of my XIV position a little while ago.
Hopefully the flip flop will work out for me.
GLTA
It's been a rough 2 days because of the market correction.
I stayed in because I still believe that we go higher.
I feel your pain too. I'm underwater here also, but banking on the bounce back to upward momentum.
I still think the S&P gets to 1700 by EOY
It's been a rough two days here.
I took advantage of the dip to load up on some cheap shares.
Now we just need some PR from the company to get the volume going again.
I know. I'm not selling yet.
Looking for a bounce by week's end
I think it goes up from here.
There was no real reason for the sell off that's why it recovered some in the afternoon.
A lot of hedgies got back in the market after lunch picking up some nice equities on sale from retailers.
I picked up some more XIV today as I think we bounce tomorrow
Nothing. Just the pack mentality.
Should be a great buying opportunity.
I picked up another 2500 shares.
I'm still in here with average PPS of 31.10
Looking forward to a successful summer.
GLTA
This is very nice.
Thanks for posting it!
Good luck to you