tag:blogger.com,1999:blog-7025352174566040697.post7781671264241966418..comments2024-01-31T01:36:09.111-05:00Comments on COTs Timer: Sell! Sell! Sell! Everything Must GoAlex Roslinhttp://www.blogger.com/profile/05203588321742142651noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7025352174566040697.post-78962160336837642112009-11-07T17:20:49.905-05:002009-11-07T17:20:49.905-05:00Alex, trading GLD, UNG, USO is a lose/lose affair....Alex, trading GLD, UNG, USO is a lose/lose affair. You are probably aware of the perils of the give up being long a carry market. You might be interested to know that being long oil via the USO (futures contracts) this year has forfeited roughly $19.00 of the upmove in the oil price caused by the "rolling" of contracts into the 2nd month as expiration approaches. (assuming you had DavidDThttps://www.blogger.com/profile/05029086899773428286noreply@blogger.comtag:blogger.com,1999:blog-7025352174566040697.post-24813192744921302322009-11-04T12:29:06.854-05:002009-11-04T12:29:06.854-05:00Hi Anonymous,
Thanks for your message. The gold b...Hi Anonymous,<br /><br />Thanks for your message. The gold bullion and crude trades are losing money at this point, but they're not close to the stop levels. Based on the bearish gold signal, I also put on an inverse trade with a gold stocks ETF. I see that one got stopped out this morning. But that wasn't a pure play based on this signal because gold stocks are much more volatile than Alex Roslinhttps://www.blogger.com/profile/05203588321742142651noreply@blogger.comtag:blogger.com,1999:blog-7025352174566040697.post-40903509419582832892009-11-03T19:22:37.442-05:002009-11-03T19:22:37.442-05:00Alex
Did you get stopped out of the gold trade? ...Alex<br /><br />Did you get stopped out of the gold trade? If so, you have said in the past sometimes that's a good indicator to go long--is this such a case?<br /><br />Same question for Oil.<br /><br />thanks for the great blog.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7025352174566040697.post-58712241800479484012009-11-02T09:50:30.123-05:002009-11-02T09:50:30.123-05:00I did.
Regards,
AlexI did.<br /><br />Regards,<br />AlexAlex Roslinhttps://www.blogger.com/profile/05203588321742142651noreply@blogger.comtag:blogger.com,1999:blog-7025352174566040697.post-50793703264220683152009-10-31T15:23:53.219-04:002009-10-31T15:23:53.219-04:00Alex,
This monday coming, you're going short U...Alex,<br />This monday coming, you're going short U.S. financial, would you also short CANADIAN financial as well?<br /><br />Thanks.<br /><br />Ken TrungAnonymousnoreply@blogger.com