Jim's cycle trades

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  • Jim Smith
    Guest replied
    GLD breaking out

    also, watch for the long end of the yield curve to rise substantially.....also, watch for AMD to rally big time....also, watch for JOF and ORLY to rally near term....

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  • Jim Smith
    Guest replied
    CCJ....at the top rail

    symmetrical triangle is large....

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  • Jim Smith
    Guest replied
    Ouch gold is tough to predict

    closed GLD....luckily, had an offsetting trade that worked: long AMD which I sold to get my loot back....


    Staying short the TLT as I believe long rates are heading higher.

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  • jiesen
    replied
    Originally posted by jiesen View Post
    what about silver? Whatever gold does, silver ought to do trebly.

    http://finance.yahoo.com/q/bc?t=1y&s...&q=l&c=slv+gld
    gold up 1%, silver up 3%. who just made precious metals their girlfriend?

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  • Jim Smith
    Guest replied
    Gold might just break the anti $$$ cycle

    Imagine you're Indian and you're surrounded by crazies with nukes....You might just want to covert your rupees and US dollars to gold.....I believe gold is going to get safe haven status now regardless of what the buck does...

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  • Jim Smith
    Guest replied
    GLD ...looking for $82

    early 2007


    This Iran situation extremely serious imo.....

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  • Jim Smith
    Guest replied
    TLT...short

    I think yields have bottomed.....

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  • Lyehopper
    replied
    Originally posted by Jim Smith View Post
    Not that anyone here will notice cuz I don't have an avatar equal to Louetta's....However, I bring the goods....I look for the GLD to hit 80+ by the end or March 2007.....
    Try wearing a toga....

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  • jiesen
    replied
    what about silver? Whatever gold does, silver ought to do trebly.

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  • New-born baby
    replied
    Originally posted by Jim Smith View Post
    Not that anyone here will notice cuz I don't have an avatar equal to Louetta's....However, I bring the goods....I look for the GLD to hit 80+ by the end or March 2007.....

    You bring the goods, alright. Now if you'd post a chart where we could see your reasoning, that would be dessert. Gold is jumping today with Iran's nuclear threats.

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  • Rob
    replied
    Originally posted by Jim Smith View Post
    I look for the GLD to hit 80+ by the end or March 2007.....
    Wow! Big symmetrical triangle. It reminds me a lot of the GOOG chart.

    Interesting idea, Jim. So you're betting on the continued weakness of the "buck," eh? They say Warren Buffett has made a pile of money betting on a weak dollar over the past few years.

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  • Jim Smith
    Guest replied
    Gold is going to move

    Not that anyone here will notice cuz I don't have an avatar equal to Louetta's....However, I bring the goods....I look for the GLD to hit 80+ by the end or March 2007.....

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  • Jim Smith
    Guest replied
    GLD...may have bottomed

    looks ok here to me

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  • Jim Smith
    Guest replied
    DXPE reacquired the 200 day

    this stock looks ready to rock....

    3M can make $80 by year's end
    AMD can make $28 near term
    SNDK can make $65 near term
    DXPE can make $50

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  • Jim Smith
    Guest replied
    BTU...starting to look interesting

    no breakout yet....but, as I said earlier, I think it's completed the five waves down and it's basing....

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