Official Short-term Investments Thread

[SilverRex]

Originally posted by bspot


Yup, during one of the few periods I haven't been holding it. Sigh.

same I was not impressed when silver moved much higher yet sil.v went no where. I still pocketed 65% which I shouldnt complain. But it would have been very nice to have held it

[triplep]

BBI back up to what I bought in at, guess its time to sell!

[el_fefes]

Flipped JNUG for around +7%...

With the US job numbers being positive it's possible the Fed could increase rates. Gotta watch out for the next meeting as that may hurt gold/silver.

Thoughts?

[Mostwanted]

Originally posted by bball2
I use interactive brokers, haven't had any crashing or connectivity issues even during brexit, and definitely one of the lower commission brokers (as long as you're not looking to trade penny stocks)

Do you have any recommended videos on how to start/ learn the IB platform. Been looking into using this online broker, I am also a beginner, thats why its a bit hard for me to understand the layout or even how to get it started/

[buh_buh]

Originally posted by triplep
BBI back up to what I bought in at, guess its time to sell!

haha was thinking the same thing this morning.

[SilverRex]

looking at the latest Hui history comparison. it would appear miners have limited upside if it is to be following the last two bull market.

I have decided to scale back completely in this sector considering over a month ago I was expected a top around the 2nd week of August. we are quite close.

While anything can happen and all we know gold could suddenly push a breakout but I wanted to anticipated any surprises to the downside (correction) of a significant manner.

so I have exited 75% of my Jnug position and 65% of my two core miners. I am taking my big profit now and locking in. Keeping the rest if gold makes a huge push, otherwise I will re-establish my position if miners head further down.

I may begin to add to my oil position now that it's ICL is probably completed.

[Vanish3d]

Originally posted by triplep
BBI back up to what I bought in at, guess its time to sell!

I rode it up from 0.13 and sold at 0.3 - very small position though. Wish I bought a lot more but oh well

[bspot]

Thoughts on silver? Still sitting in USLV waiting for a big move up. Silver seems bullish to me no matter what happens. Either industrial demand, or flight to precious metals, and silver just seems too cheap to supply either case.

[ercchry]

Is there anything on the horizon to prevent tomorrow from being another up day for oil? Done 100% on rrx contracts... Contemplating dumping them before close

[triplep]

Originally posted by Vanish3d


I rode it up from 0.13 and sold at 0.3 - very small position though. Wish I bought a lot more but oh well

I bought in quite a few pages ago on this thread when someone made the recommendation, so I am happy to break even on this dog.


I have been invested in NLN.TO for a while, wish I had played it a little more, could have made some good returns as it swings up and down.

[SilverRex]

oil looks like it wants to head higher today.

looking at BTE (US) it appears it is breaking out of a multi month down trending line. very good first sign that bottom may be in.

I have two position in BTE, one is about break even, the other is up 20%. if it opens 5% up today I think I will take profit and wait for a rebuy lower.

While I have scaled back significantly on gold, I may increase my position if gdx does drop into the 29-30 area. However if gdx breaks below 29, that will be a concern and I will most likely exit my new entry and wait on the side line to re assess the counts.

[SilverRex]

sold half of my BTE this morning. and miners looks unconvincing, could be a wave B bounce with one more low to come. will watch closely

[Vanish3d]

got out of VRX at 10% gain feeling like a superstar....just to watch it pop another 10.
sick

[SilverRex]

it is possible gold may be in a triangle consolidation. selling my last 25% of Jnug and waiting for a better entry

[SilverRex]

negative divergence on oil. looking for a drop back to the 42s or anything under will rebuy bte at a lower entry.

inverted head and shoulder should point to a retest of 46 oil.

[riander5]

Gold headed down, oil headed up

Possibly short GPRO soon... they are OB on weekly. Maybe take a contract 2 months out

edit - OB not OS

[ercchry]

Really wish I bought more rrx... Sold today for 108% gains

[riander5]

You need more gainz ^

[Marsh]

Originally posted by ercchry
Really wish I bought more rrx... Sold today for 108% gains

Are you getting your exposure through options?

Sold a small bit of UWTI in early trading when it hit 21, for a 12% gain.

[ercchry]

Yeah, options... Makes the most sense for me since I tend to not hold things too long