ONE HUNDRED AND FIFTEEN PERCENT

I’m not talking about an option trade here. Rather, I am talking about my shares of JDST.

Gold has entered the elevator shaft. Today was the first day of the move into the abyss below. Stop and think for a minute. You are up over 100% in this, and the move just started.

1180 is resistance if it even matters in the days ahead. We have a runner, so make sure you milk it as a way to get back some misfires from last month.

OA

PARTY LIKE ITS 1998

Futures are ripping on the BOJ news. Heading straight to the highs, with or without you. This is truly epic.

My perma-bull analogue of 1998 implies a vicious short covering rally that walked straight back up to the highs of the year before pausing. If that happens, there will be a reaction at the top, one that if followed correctly could be the entry point for the last and final phase of this bull market cycle.

1998xWhile this market has had some damage done to it over the year, if those wounds start to heal in the near term, then this analogue still has promise.

Stay frosty out there.

OA

GAMBLING IS NOT YOUR PROBLEM

I’ve watched this video at least a hundred times since I first watched this movie. I’ve probably posted it here in the past on more than one occasion, as it never gets old to me.

The back drop here is two guys that run a sports betting book, which of course, has its parallels to trading. Walter announces himself as one who has never missed a meeting in many years, but has also not gambled during the process. In other words, he’s observing the behavior of those around him to diagnose what’s wrong with their approach. How their behavior impedes their progress. I find myself doing this just as much as I observe the market in front of me, I observe those participating in it as well.

This post doesn’t imply anything directed at the viewer. Just worth a watch.

 

IT TAKES GOLD PLATED BALLS TO BUY GOLD HERE

Honestly, I just wanted to write a blog that would enable me to post this pic one last time.

I had a local basketball coach call me out of nowhere last night asking me about Gold and why it isn’t going up.

The natives are getting nervous.

 

#YOLO

I bought MBLY Oct5 calls, set to expire Friday.

Why?

Because I am rooting for you to lose.

All the best,

OA

QE IS OVER, AND ALL I GOT WAS…

I know all you nut sacks said my post on “Goodnight Gold” marked the bottom, and that you would take the other side of my trade. JDST is racing back to highs, and Gold is getting cheaper.

If you are still holding JDST, get greedy. We might see the lows in Gold here soon.

OA

ONE HUNDRED AND FIFTEEN PERCENT

I’m not talking about an option trade here. Rather, I am talking about my shares of JDST.

Gold has entered the elevator shaft. Today was the first day of the move into the abyss below. Stop and think for a minute. You are up over 100% in this, and the move just started.

1180 is resistance if it even matters in the days ahead. We have a runner, so make sure you milk it as a way to get back some misfires from last month.

OA

PARTY LIKE ITS 1998

Futures are ripping on the BOJ news. Heading straight to the highs, with or without you. This is truly epic.

My perma-bull analogue of 1998 implies a vicious short covering rally that walked straight back up to the highs of the year before pausing. If that happens, there will be a reaction at the top, one that if followed correctly could be the entry point for the last and final phase of this bull market cycle.

1998xWhile this market has had some damage done to it over the year, if those wounds start to heal in the near term, then this analogue still has promise.

Stay frosty out there.

OA

GAMBLING IS NOT YOUR PROBLEM

I’ve watched this video at least a hundred times since I first watched this movie. I’ve probably posted it here in the past on more than one occasion, as it never gets old to me.

The back drop here is two guys that run a sports betting book, which of course, has its parallels to trading. Walter announces himself as one who has never missed a meeting in many years, but has also not gambled during the process. In other words, he’s observing the behavior of those around him to diagnose what’s wrong with their approach. How their behavior impedes their progress. I find myself doing this just as much as I observe the market in front of me, I observe those participating in it as well.

This post doesn’t imply anything directed at the viewer. Just worth a watch.

 

IT TAKES GOLD PLATED BALLS TO BUY GOLD HERE

Honestly, I just wanted to write a blog that would enable me to post this pic one last time.

I had a local basketball coach call me out of nowhere last night asking me about Gold and why it isn’t going up.

The natives are getting nervous.

 

#YOLO

I bought MBLY Oct5 calls, set to expire Friday.

Why?

Because I am rooting for you to lose.

All the best,

OA

QE IS OVER, AND ALL I GOT WAS…

I know all you nut sacks said my post on “Goodnight Gold” marked the bottom, and that you would take the other side of my trade. JDST is racing back to highs, and Gold is getting cheaper.

If you are still holding JDST, get greedy. We might see the lows in Gold here soon.

OA