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Old 10-23-2014, 05:23 PM   #46
ReplayRandall
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Quote:
Originally Posted by badcompany
My current status:
Long stocks
Short Nat Gas
Patiently waiting for another opportunity to short Silver.

Long stocks=Agree starting Nov. 5th(10% discount)
Short Nat Gas=Agree in moderation
Patiently waiting for another opportunity to short Silver=Not going to happen, as ascension will be a "controlled" climb.
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Old 10-23-2014, 08:40 PM   #47
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You are probably right, Bad. I know there is nothing magical about a 10% pullback but it still feels to me like confirmation of a healthy market.

Short silver, huh?

Reminds me, RIP Nelson Bunker Hunt.
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Old 10-24-2014, 09:39 PM   #48
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I was about 80% in cash just before the mini crash. Then I put about 10% of my cash back in the market on the recent bump up. So I'm about 70% cash, 30% equities.

I probably should have bought a lot more equities, but I'm playing it safe. I figure it's better to miss some upside gains than to lose a lot if the market crashes.

There will be more days ahead to buy. I'll probably keep putting 10% into the market on every down day as I think the trend is still to the upside.
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Old 10-26-2014, 07:17 PM   #49
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I'm all in VTI right now.
I think we're going to see a new high, but as soon as the S&P hits 2050, I think it's time to get out.
VTI is at $101.15 right now
I've get an order in to sell it all at $106.
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Old 10-26-2014, 07:45 PM   #50
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Quote:
Originally Posted by Burls
I'm all in VTI right now.
I think we're going to see a new high, but as soon as the S&P hits 2050, I think it's time to get out.
VTI is at $101.15 right now
I've get an order in to sell it all at $106.
You really mean $105, right?
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Old 10-26-2014, 08:30 PM   #51
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Quote:
Originally Posted by Tape Reader
You really mean $105, right?
Actually, I had it at $105, then I changed it to $106.
I may change it back to $105.
I'm not saying the S&P will plummet the second it reaches 2050, but I just can't see much upside after that.
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Old 10-26-2014, 08:40 PM   #52
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Quote:
Originally Posted by Burls
Actually, I had it at $105, then I changed it to $106.
I may change it back to $105.
I'm not saying the S&P will plummet the second it reaches 2050, but I just can't see much upside after that.
Seriously, I meant it as a joke. I wouldn’t advertise here what you really want to buy/sell something at. It could work against you.
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Old 10-26-2014, 11:52 PM   #53
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Quote:
Originally Posted by Tape Reader
Seriously, I meant it as a joke. I wouldn’t advertise here what you really want to buy/sell something at. It could work against you.
Why not?
I think it's a pretty safe bet that no one on these boards can affect the entire market.
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Old 10-28-2014, 07:33 PM   #54
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Two weeks ago, the idea that the market could end October up for the month was inconceivable. Now, you'd have to say it's a favorite to do so.

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Old 10-28-2014, 11:39 PM   #55
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It's nutty how this market has been gapping and running lately. But the market exists to try men's souls...

Wonder what the FOMC will bring to the table tomorrow.
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Old 10-31-2014, 06:37 PM   #56
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Quote:
Originally Posted by ReplayRandall
Long stocks=Agree starting Nov. 5th(10% discount)
Short Nat Gas=Agree in moderation
Patiently waiting for another opportunity to short Silver=Not going to happen, as ascension will be a "controlled" climb.
We'll see. Went short SLV @15.87

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Old 11-14-2014, 03:20 PM   #57
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Quote:
Originally Posted by Burls
I'm all in VTI right now.
I think we're going to see a new high, but as soon as the S&P hits 2050, I think it's time to get out.
VTI is at $101.15 right now
I've get an order in to sell it all at $106.
I got out of VTI today at $105.15.
I'm guessing there's just too many 'automatic-sells' in place for the S&P 500 to break 2050 right now.
I just can see any upside.
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Old 11-14-2014, 05:13 PM   #58
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Quote:
Originally Posted by Burls
I got out of VTI today at $105.15.
I'm guessing there's just too many 'automatic-sells' in place for the S&P 500 to break 2050 right now.
I just can see any upside.
If you subscribe to the "biotech gives a leading indicator to the overall market" school, you made a great call.
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