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goldminingXpert (29.43)

Introducing GMXBatteringRam--rounding out the GMX offerings

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June 03, 2009 – Comments (15)

With the creation of GMXBatteringRam, the line-up of GMX profiles is complete. Feel free to mix & match as you find the right grouping of GMX picks to help aid your own CAPS/Investing experience.

GMXFuzzyKittens--in the world of all things nice and fluffy, GMXFuzzyKittens cuddles up and purrs while selecting warm and soft equities that only rise in value. Avoiding any of those nasty bears and their diabolical short-selling, FuzzyKittens seeks only warm milk, green thumbs and world peace.

GMXBatteringRam--though younger, BatteringRam is the nastier sibling of the lovable cute FuzzyKittens. BatteringRam seeks only despair, destruction and ultimately delisting. He has already locked horns with homebuilders and banks in a struggle of wills.

GMXmkttiming--this all-star rated offbeat sibling of the family seeks only to capture swings in the entire market while ignoring the gyrations of individual equities almost entirely. He seeks to use bond funds and ultra ETFS to accomplish his aims.

goldminingXpert--the oldest and most respected of the family. What he lacks in other areas, he makes up in street smarts, knowing the tricks and traps of the CAPS game. He is focused on using every strategy available to reach the top, regardless of what critics say. It is true, goldminingXpert often does not invest in the same sort of fashion that he runs his profile--but--would you play a game like you play real life? Not if you're out to win the game.

Note: Feel free, at any time, either in a comment on a pitch of mine, or as a comment in a blog, ask "Would you buy/short this with real money?" That way, before investing off my picks, see if I'm putting real skin in the game.

 

 

 

 

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P.S. To all you eager bears, don't short here unless we close uner 930 S&P. This smells funny and I wouldn't be surprised if we go screaming up to 950 shortly.

15 Comments – Post Your Own

#1) On June 03, 2009 at 12:56 PM, KeepYourCoolFool (99.22) wrote:

Don't listen to him, now is the time to short.

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#2) On June 03, 2009 at 12:58 PM, gmXmkttiming (27.92) wrote:

with my recent luck, we'll probably go down 400 points on the Dow today.

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#3) On June 03, 2009 at 1:00 PM, blake303 (29.20) wrote:

I was curious as to why JAG is not currently greenthumbed in FuzzyKittens, but is one of your favorite stocks and selection for the AllStarPortfolio.

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#4) On June 03, 2009 at 1:03 PM, gmxFuzzyKittens (22.30) wrote:

JAG is going down. I will add it when it quits going down--there's no technical reason the selloff has to end here in JAG. However, I don't want to close pick and lose my glorious cost basis of $5 in my main GMX profile.

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#5) On June 03, 2009 at 1:47 PM, bridgeboy0 (30.91) wrote:

cost basis of $5?  Slacker.  Try $2.62.  ;-)

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#6) On June 03, 2009 at 3:11 PM, Denstock (53.06) wrote:

GMX...I know you follow WNR closely...would you get in today?

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#7) On June 03, 2009 at 3:36 PM, goldminingXpert (29.43) wrote:

I thought it would bottom yesterday. I haven't purchased yet... but I definitely see a buying point coming up soon. Obviously the dliution is no good, but paying off the debt is crucial and when you combine the secondary with cash flow, the debt is getting paid off rapidly.

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#8) On June 03, 2009 at 3:56 PM, goldminingXpert (29.43) wrote:

Don't listen to him, now is the time to short.

All comes down to the close, I will short it if S&P cash stays under 930. Bulls launched a nice rally out of nowhere but it appears overhead resistance at 930 will keep the lid on it.

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#9) On June 03, 2009 at 3:58 PM, goldminingXpert (29.43) wrote:

 

 Or Not. That's about as bullish a close as one could of have hoped for out of that set-up. There is no reason to establish a short position at this juncture. Let's see what happens tomorrow.

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#10) On June 03, 2009 at 4:33 PM, rickdoom (98.59) wrote:

Yeah, that was one heck of a bounce at the end of the day... look at how quickly the S&P jumped from $923.85 to $931.76 for seemingly no apparent reason... but that shouldn't surprise anyone by now... it's just another typical day in this insane / irrational market!

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#11) On June 03, 2009 at 5:57 PM, anticitrade (99.65) wrote:

I am impressed with how much time you have for managing these portfolios!  Not to mention all the blog posts!  How do you do it?  Oompa loompas? 

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#12) On June 03, 2009 at 10:05 PM, ChrisGraley (29.77) wrote:

The battering ram was the one I was looking forward to.

What are your opinions on gold now? If the market is in a signifcant leg down, how would you play gold?

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#13) On June 04, 2009 at 2:06 AM, goldminingXpert (29.43) wrote:

Best gold play is short major miners as we got a techincal breakdown on gold and on HUI/GDX today. However, this is not a trade I want to take (it doesn't feel right to me though the chart says its right) so I am instead waiting for the "buy junior miners that lost 30% of their value in the summer slump" trade to appear in August.

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#14) On June 04, 2009 at 2:32 AM, checklist34 (99.71) wrote:

i plan to start a couple of alternate checklist accounts also. 

one will be personal practice for me - a long short fund.  I will work on developing long short strategies for personal gain.

One will be long short based on Zacks rank.

and those are the best ideas I've come up with for alternate identities.  Now... to get some alternate email addresses to sign them up, thats the real challenge.

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