Re: Now Enjoy The Ride Back Up

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positive carry

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Re: Now Enjoy The Ride Back Up

in response to

Now Enjoy The Ride Back Up

rapidrob

posted on Apr 30, 2010 08:22AM

GOOD for You RR!!!!

I bought 2250 at 68.86 on Tuesday and then averaged down yesterday with 2250 at 63.83 so i'm in for about 66.75 for the two buys.

Difference is I never took profits at 75.......novice mistake!

You guys definitely had it right!.........and if we are in for another ride up I'm ok with it.

The fundamentals for gold also seem to be on an up trend. Someone posted a very good analysis on the potential including stop loss calcs??? Never been a yellow stuff fan but it might be worth a look.