Not really, that's usually BS :). The option model assumes stocks follow a normal distribution NOT TRUE, which is the reason for fat tails
Gold is going to correct further IMHO, whatcha think?
Down down down short.
Sell 1.2319.
Spot gold 707, near a reversal(H&S hourly). Seems like we are set for a SHARP downturn :D . Good thing too, the local gold stocks have doubled...
Long 1.1141
Bottoming. Long IRL!!
Why not short gold stocks? Use a smaller position size, but the potential R multiple is higher. I.e. GG
A friend told me, you bet on the resilience of the bull market. I think that's only true in a nascent one. Right now, I think a correction has a...
Eh, we're just bored. I doubt we'll see a crash, just a bear market with the normal pullbacks etc.:D Like Buffett said, no doctor ever got...
Bear on markets. Bull on agricultural commodities. Bear on GOOG HANS CME NDAQ GME SKM(telecom breaking down) MTH(house construction index is...
Black Monday would be good. Lots of suckers need to get wiped out.
I just printed that and posted it on the wall :D. We'll see if you bulls are right. I think the bulls are seriously wrong.
Wheat gains strongly, live cattle continues uptrend. That's why you don't go with the masses. Sure, strong trends like gold can persist for a...
Sold all my gold stocks today. Spot gold 715, neutral.
Unwind.
Bail. 1.8954 -17. No luck there.
Seems like I'm going to be buying PUTS on volentee not calls :D
1.8973 long.
Dollar weakness first translates into commodities strength, which translates into bonds weakness and utilities weakness and finally stock market...
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