That is it. The profits started about 30-45 days ago, thus have been all locked upto the full respective positions, except XOI, still 1/3 position left Good Trading.
We had an incredible good insight of GOD possibly going down from 64.39, but even as the drop looks scary, please relax. This shell not become a waterfal. Gold should repeate or better this weeks high in January 2007. If we change our mind on this we will tell you . Good Trading
Dear Harleydog, Lately the XOI and OIH seem to have tracked each other, nicely. In the past though the have diverged few times and not always in one direction. In principle, I would agree that DRILLERS/SERVICERS, may have more room than MAJORS and that could turn out to be the difference. It is also possible that with some miracle MAJORS keep trucking and it all goes forward, many wall have crubled before. In a nutshell yes OIH perhaps has more room. USO I doubt. Not sure of the top my head, but did you ever see OIL go up in late cycle and MAJORS not... Sorry asking questions, supposed to be answering(: :) GOod Trading
5 comments:
That is it. The profits started about 30-45
days ago, thus have been all locked upto the
full respective positions, except XOI, still
1/3 position left
Good Trading.
See the blog below with the title
"GLD in trouble 64.39" That was
the top for this move, as it now looks my friends. Good trading to you too.
We had an incredible good insight
of GOD possibly going down from 64.39, but even as the drop looks scary, please relax. This shell not become a waterfal. Gold should repeate or better this weeks high in January 2007. If we change our mind on this we will tell you .
Good Trading
GLD, shook out the late longs to the party, should restore some health here. Any thoughts on OIH and USO, look more constructive than XOI. thx
Dear Harleydog,
Lately the XOI and OIH seem to have tracked each other, nicely.
In the past though the have diverged few times and not always in one direction. In principle, I would agree that DRILLERS/SERVICERS, may have more room than MAJORS and that could turn out to be the difference.
It is also possible that with some miracle MAJORS keep trucking and it all goes forward, many wall have crubled before.
In a nutshell yes OIH perhaps has more room. USO I doubt. Not sure of the top my head, but did you ever see OIL go up in late cycle and MAJORS not...
Sorry asking questions, supposed to be answering(: :)
GOod Trading
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