tag:blogger.com,1999:blog-27784316.post7325035315147329500..comments2023-09-06T03:23:43.027-07:00Comments on I AM A FUTURES TRADER: Chris Johnstonhttp://www.blogger.com/profile/01542415946929766288noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-27784316.post-75899930046426503322012-03-02T12:52:28.321-08:002012-03-02T12:52:28.321-08:00Amen to that. 'Politics' and 'backbone...Amen to that. 'Politics' and 'backbone' seem to be non-intersecting concepts these days.JMhttps://www.blogger.com/profile/09876016557456927299noreply@blogger.comtag:blogger.com,1999:blog-27784316.post-72103095170611704092012-03-02T11:53:54.185-08:002012-03-02T11:53:54.185-08:00thanks john don't worry I am no cheney fan. I ...thanks john don't worry I am no cheney fan. I am not a homer for just any republican I just am sure barry is very dangerous. I also think that ass kisser mccain is dangerous. We need someone with a backbone that is not a socialist he could even be a democratChris Johnstonhttps://www.blogger.com/profile/01542415946929766288noreply@blogger.comtag:blogger.com,1999:blog-27784316.post-80735748127327254272012-03-02T05:36:20.074-08:002012-03-02T05:36:20.074-08:00It's kind of funny that when so much technical...It's kind of funny that when so much technical damage has been done to gold, when by every measure it's so obviously broken its trend, that the true believers actually think a normal bounce/retracement the next day 'shows' that gold is coming back. Wow. Does anybody really make money that way?<br /><br />Chris, once again I've been singing your praises to the small group of part-time traders I know. You can tell me Dick Cheney was the greatest thing to ever happen to the US, I don't care. I'm here for your trading expertise and I learn something practically every time I come here. Thanks again and hope you make a boatload on gold shorts.JMhttps://www.blogger.com/profile/09876016557456927299noreply@blogger.comtag:blogger.com,1999:blog-27784316.post-23631649335245598812012-03-01T12:48:08.274-08:002012-03-01T12:48:08.274-08:00Hi CJ. I totally agree with your gold short. I am ...Hi CJ. I totally agree with your gold short. I am about ready to go short as well. But am going to wait for atleast a 38.2% retracement of the waterfall decline. I am looking to score big with GLD June put options and would probably buy them when GLD retraces to 168-170. Would love to get your thoughts on this trade. Thanks. <br /><br />PS: I signed up for LW online seminar just to get started. It was only $10. Lol.HTnoreply@blogger.comtag:blogger.com,1999:blog-27784316.post-73934349992876972552012-03-01T07:52:33.912-08:002012-03-01T07:52:33.912-08:00Chris,
I'm back and will stand up and take it...Chris,<br /><br />I'm back and will stand up and take it like a man--the problem was you came back a little to early--lol<br />today the dollar is down and gold is up over $20--<br />as far as the COT reports i admit i do not fully understand them as you do..i work full time and just don't have the time to really understand all about them.<br />Maybe i will pay more attention to your analysis of them.<br />did you short gold before you left or are you ready to short it now.<br />gold today is very strong and is only down some $50 from yesterday.<br />I still believe gold will be back very soon---<br />just from a fundamental view the FED has never stopped QE-and just yesterday printed up 750 billion for the ECB-<br />good to have you back---if everyone agreed it sure would be a very boring world or blogRoberthttps://www.blogger.com/profile/00312302955234587786noreply@blogger.com