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Enjoy it while it lasts. Sell, Scyther... sell!

Could it be ! However, methinks it is merely yearend futures traders closing out their short positions.

Thinking I might sell off my USLV paper. Purchased friday @ 41.18.........up nicely to $48.80ish.

hmmm decisions. What say you Ray?

Rodebaugh wrote:Thinking I might sell off my USLV paper. Purchased friday @ 41.18.........up nicely to $48.80ish.

hmmm decisions. What say you Ray?

I'd take the money and run, wait for a better entry point. You know they'll pull it back down within a few days.

beauanderos wrote:

Rodebaugh wrote:Thinking I might sell off my USLV paper. Purchased friday @ 41.18.........up nicely to $48.80ish.

hmmm decisions. What say you Ray?

I'd take the money and run, wait for a better entry point. You know they'll pull it back down within a few days.

I held it today. I'll sell tomorrow.

Rodebaugh wrote:

beauanderos wrote:

Rodebaugh wrote:Thinking I might sell off my USLV paper. Purchased friday @ 41.18.........up nicely to $48.80ish.

hmmm decisions. What say you Ray?

I'd take the money and run, wait for a better entry point. You know they'll pull it back down within a few days.

I held it today. I'll sell tomorrow.

What are you even doing??? Buying USLV??? You are the permabear You should be buying DSLV on these spikes

Oh shucks, I missed my chance. It's down a whole 20 cents from the peak. Oh well.

I'm a permarealist and like our friend the noble opossum I am a opportunistic omnivore. USLV at my buy of < 41.20 was irresistible low hanging fruit.

Kitco expands the vertical scale to make a flat market look hot. Check the actual changes in value. Twenty cents per ounce? Wow.

Still happy today.

All USLV Sold @ 49.80

Rodebaugh wrote:All USLV Sold @ 49.80

perfect!

now take your profits and put in a buy order for DSLV at $47

Ray, I need to let that accounts funds settle.

Also sold Dad's 50 shares of FB that I purchased for him on IPO day 5/10/12 @ 38.05. Sold today @ 56.95

Stats:
Holding period- 17 months
profit less fees- $931
total return- 48.75%
Annual return - 34.42%

Dad was pretty disappointed/apprehensive about me buying the hype of FB on IPO day....with his money nonetheless. Hopefully he will see this post and recognize the wise sage like investing abilities of his son. Maybe even toss him a 10th eaglet as a kick back. I'm not holding my breath on that last part

Rodebaugh wrote:Ray, I need to let that accounts funds settle.

Also sold Dad's 50 shares of FB that I purchased for him on IPO day 5/10/12 @ 38.05. Sold today @ 56.95

Stats:
Holding period- 17 months
profit less fees- $931
total return- 48.75%
Annual return - 34.42%

Dad was pretty disappointed/apprehensive about me buying the hype of FB on IPO day....with his money nonetheless. Hopefully he will see this post and recognize the wise sage like investing abilities of his son. Maybe even toss him a 10th eaglet as a kick back. I'm not holding my breath on that last part

that's the trouble with playing highly leveraged ETF's (inside 401k's). You have the three day settlement period. I'm saddled with the same dilemma, which is why I recommended taking the money while there was profit to be grabbed. You basically have to hold your breath that the trend you want will endure for three days... and in this market?

nice job on the FB! Arthur?