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Post by sb on Jul 10, 2014 15:12:55 GMT -5
I'm seeing too much complacency on other blogs, some that bought today rationalizing the pullback and still acting like it might be opportunity. I need to see them throw in the towel and the same time it scares me to hit the buy button before miners warrant any action from me. Maybe in a couple weeks we'll get there, or a few sharp down days. I'll hold everything (heavy) through the possible smash and add some if it comes about, if not and these are just little bumps like we had in the sharp 2012 rally, I'll still catch the up move. Nothing for me to do but watch.
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Post by MoonCow on Jul 10, 2014 15:22:12 GMT -5
daniel, some posts over at BBT just now are saying Gary's subs sold this afternoon from a 90% long position. Weren't you saying they were already out ... or did they get back in in the last few days?
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Post by simonsays on Jul 10, 2014 15:28:15 GMT -5
Went to pick up family at the airport an hour before close and came back to a sea of red. That's quite the reversal.
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Post by sb on Jul 10, 2014 16:05:32 GMT -5
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Post by daniel on Jul 10, 2014 16:09:00 GMT -5
daniel, some posts over at BBT just now are saying Gary's subs sold this afternoon from a 90% long position. Weren't you saying they were already out ... or did they get back in in the last few days? Since I do not follow his recommendations precisely it sometimes is tough for me to follow! He is currently out! They were invested (got back in very recently) but it did not last long! FWIW he is telling those who do not like whipsaws to just hold through as the DCL should not last long!!
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Post by daniel on Jul 10, 2014 16:09:58 GMT -5
by the way...his second quest portfolio trade was aslo a winner and he is back to cash!!
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Post by sb on Jul 10, 2014 17:09:26 GMT -5
G-train advising people that don't like whipsaws? Sage advice, I don't know anybody that likes whipsaws! lol
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Post by sb on Jul 10, 2014 18:36:32 GMT -5
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Post by daniel on Jul 10, 2014 18:41:23 GMT -5
G-train advising people that don't like whipsaws? Sage advice, I don't know anybody that likes whipsaws! lol My words ...not his!!
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