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Official Short-term Investments Thread - Page 1644 - Beyond.ca - Car Forums
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Thread: Official Short-term Investments Thread

  1. #32861
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    Gold

    been waiting for gold to breakout of this 6 week long consolidation funk. will today be the day? still waiting for gold to backtest the 1240-1260 area.

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  2. #32862
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    gdx

    if gold infact has a real breakout this week, then I am also incline to expect gdx to make a move to challenge the 20-21 area. regardless this is only another major 3 wave correction with lower prices to come or a real move beings. the 20-21 area will be a major hurdle considering how many times it held as support over the past year. I will be taking my position off the table when it reaches this zone and reassess.

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  3. #32863
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    with miners breaking out. Gdx specifically, will need to hold above 19 to keep things exciting...
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  4. #32864
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    with gold down today. gdx is getting close to 19. if this is a move towards 21, it must stay above 19. otherwise, this will immediately turn bearish and become another corrective A=C ABC wave wave counter trend rally with new lows ahead.
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  5. #32865
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    Any update or thoughts on the MJ sector (ACB, WEED, APH) before Wednesday's legalization?

  6. #32866
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    Quote Originally Posted by v8killa View Post
    Any update or thoughts on the MJ sector (ACB, WEED, APH) before Wednesday's legalization?
    I still expect one more high in the big 3 and still holding onto the notion buy on rumor and sell on news. once MJ legalizes, I think I want to expect a much larger correction.
    _________
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  7. #32867
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    APH just had their earnings today and Vic was on Midas Letter just now with no big news. APH is now doing a small dump and probably closing under $20 over the weekend. Maybe even under $19.

    ACB still hanging on, but I would be surprised if we even hit $14 next week unless they actually announce the NYSE listing date. I personally sold most of my ACB to protect profits and looking to enter again at some point later.

  8. #32868
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    ACB all time high!
    Quote Originally Posted by max_boost View Post
    From now on

    A stack = $100k lol

  9. #32869
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    Quote Originally Posted by [email protected] View Post
    Even though GGI has been beat up lately I still like it. I am adding at the $1.5x level.
    Not sure if anyone got in. Up 39% today.

  10. #32870
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    CPG is just getting destroyed.
    Quote Originally Posted by Gestalt View Post
    Im the one with a learning disability....

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