Hedge funds watch for Mega as Gold falls...(GGK)

[Mega]

They wait till Mega goes "GGK"...then they know its time...

[Mega]

Re: Hedge funds watch for Mega as Gold falls...(GGK)

Ok, thats it am issuning a "GGK" (Gold getting killed!!)

[sgominator]

Re: Hedge funds watch for Mega as Gold falls...(GGK)

I, instead, have perfected the ultimate gold index: the MBPD

Myself
Buys
Price
Drops

[dcarrigg]

Re: Hedge funds watch for Mega as Gold falls...(GGK)

I, instead, have perfected the ultimate gold index: the MBPD

Myself
Buys
Price
Drops

I bought at 1900 too - just hold until the next bomb drops (there's bound to be one somewhere).

[Mega]

Re: Hedge funds watch for Mega as Gold falls...(GGK)

Take Heart:-
http://www.dailymail.co.uk/news/arti...derground.html

[sishya]

Re: Hedge funds watch for Mega as Gold falls...(GGK)

I, instead, have perfected the ultimate gold index: the MBPD

Myself
Buys
Price
Drops

I guess I do the opposite, because I always catch a falling knife.
I bought all major falling knife's since $1000. Before then I was buying mostly middle ground.

Recent large purchase was at $1496 and $1530 in June. Then got astonished and frozen at the speed of rise.
After buying a house, cash is low. So my last purchases were small at $1776 1 month ago and today at $1788.
I could be wrong but I get some thrill out of catching falling knife's.

In trading, I did the same with BP at $42 and had to sell it for a 40% loss, whereas as so far my GLD calls are doing great. Let's see how this goes.

[Adeptus]

Re: Hedge funds watch for Mega as Gold falls...(GGK)

Today it took 5 of the worlds largest Central Bank's prop up the global markets against the Euro fears. One's gotta wonder how many more rabbits they can pull out of a hat, but then again I've been wondering that now for a long time, and I keep getting surprised; mind you, I'm still a newbie, but I've learned not to under estimate the powers that be.

Up next is another FOMC meeting, the strange one they extended for 2 days (Sep 20-21). Then don't forget metals always dip on options expiration days (Sep 27 for Comex - "OG" = Gold Option). And last but not least, expect the unexpected out of the Eurozone. Deperate times call for desperate measures; however, after they eventually try everything and fail, we shall have our day in the shiny shiny sun. Who knows, maybe the gold chart will even look something like Soc Gen put out today... Try not to drool!