iBankCoin
Joined Apr 19, 2009
721 Blog Posts

Did You Lose Your Nerve?

pissyopants 

_____________________
Sure I was away much last week. The same may be true this week.

Does it matter?  I would argue, “no.”

Have I not steeled you for the inevitable g-forces that have tugged at your innards?  Have I not prepared you for the hurricanoes of doubt amidst the gamed speculations?

Well, here’s the test. Those of you who gobbled some gifts up last week (even in my exigent condition, road bound and weary, I grabbed 120 SLW June $35 calls under $7.00), will profit this week.

Those of you who did not will likely dilly and dally some more this week, as that, it seems, is your nature. To your great chagrin, I might add.

Let this be a test then. How many of you have “taken” to the samurai training offered here lo these many months? How many are still trying to play the butterfly’s game?

Pax vobiscum.

_______________________________

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21 comments

  1. Po Pimp

    I added to SLW and bought back into EXK last week. If this is just a temporary bounce and we go lower again I’m willing to add to both positions.

    Last year I traded full retard trying to get cute and time the market. This year I’ve slowed down, kept more cash on hand, and the account balance is much better off for it.

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  2. Hawaiifive0

    LOL.. I just grasps the pictures contents.

    And while I have taken to said samurai training, I must admit to having come very close to being able to provide additional pictured content for your blog.

    However, like a true samurai, last week I bought a little
    ANV and some more AGQ.

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  3. Frog

    I have good news and bad news

    bad news: I did indeed sell the bottom in oil

    good news: after mentioning CXZ it jumped 40%. maybe the GS bots have a lock on this site

    lets try it again; GSS and HL

    I’ve been running INTO the burning building while others are running out. its now or never

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    • Jakegint

      You could have a full on, pull-the-heads-offa-the-chickens voodoo rite, and you wouldn’t get GSS to rise much.

      HL will jump, but it’s a sketchy one. Don’t stay too long.

      ______

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  4. Teahouse On The Tracks
    Teahouse On The Tracks

    Long EGO, FRG, AZK, AAU & PZG … still holding out for a better silver buying opportunity with a list (FVITF, EXK, GPL & more MVG).

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  5. Armo

    nice move in ANV on Friday – great volume too!

    truck was backed up last week, now just eating sammiches

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    • Jakegint

      Good for you, and yes, ANV tends to move in that kind of surprising fashion. That’s why it’s always “top o the list” w regard to my gold picks.

      _______

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  6. xxxHuggieBearxxx
    xxxHuggieBearxxx

    Finally jumped in and got positions in both GDXJ and SLW last week…was hoping to leg in even more if the retreat got deeper, but no such luck.

    Nevertheless, i bought decent size positions at about 5% of my portfolio each…also picked up a gold future contract based on a trend system i use.

    All in all, good stuff. Almost too much too quick though…makes me kinda wanna take profits hehe.

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    • xxxHuggieBearxxx
      xxxHuggieBearxxx

      might sell gdxj today….i am kind of heavy pm’s at the moment

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      • Jakegint

        P-p-p-p-p-puhhhh.

        +++++++++++

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        • xxxHuggieBearxxx
          xxxHuggieBearxxx

          Changed my mind…keeping GDXJ sold off the gold future contract i was holding since 1390….GDXJ looks like its been underperforming so maybe it will catchup.

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  7. superpositron

    I bought more SLW love at $39. Though im starting to get more excited about Uranium.

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    • Jakegint

      I dunno, that shit is radioactive right now…

      Ba-dum-chaaaa!

      Thank you! Thankyouverrahmuch! Don’t forget to tip your wait staff!

      ______

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  8. chris

    As hard as it was to do so I added to AG, bought AAU, ANV, IAG, PAAS and SLW.

    I was down HUGE in SLW and was thrilled to see it rallied by the end of the week. I kept buying as it dipped thinking I was riding it to the bottom. I followed your post from March 8. Confident now in the demise of the dollar and the debt entrails of the U.S. government to buy more on the dips.

    Thanks for the posts.

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    • Jakegint

      “Debt entrails…”

      Hmmmm…. nice metaphor, though I’m not quite sure that was your intent!

      ____

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  9. go2mars

    Sold half my silver stocks last week to pile into uranium (which I’ve booked profits on half of so far). I was planning to keep it cash while I wait to see if another drop in uranium happens this week. But now think I’ll push it back into silver while I wait and see in uranium. The rest will stay in uranium to float back up to solid valuations *be it soon or not.

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  10. Growly

    I held all my silver stocks last week and even took advantage of that tip and bot a modest amount of those 35$ jun calls fro 5.75. Got only a handful–been burned by options too often to get greedy, but they’re up 27%–thanks for the idea. You will make a shitload of coin on those. At what point will you start peeling those off?

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