OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

I dunno if this fade in the stock mkt. is just a bear trap but it has gone pretty far…but if it does

Posted by Richard640 @ 12:45 on October 12, 2018  

roll over the last hour, it would set up a possible black Monday…I wouldn’t bet the ranch on that, though…I just wonder if gold would go in the opposite direction like it did Wednesday & Thursday??…so far JNUG’s been popping a bit when stocks sell off…given the new high volatility, gold could shoot up nicely…the DOW is up only 50 now [it was up 414 earlier]–and gold hasn’t done much…deploying profits, I picked up a 100 JNUG calls–but far out of the money–I ain’t risking a lot to buy at or near the money options…A “just in case trade”…

Oops, the Russell is now down 4 pts–big time reversal–I like that from my bearish perspective…I may have to dubble up on those calls…the DOW’s up 37…but Dang! Golds still down 4.40…that ain’t right….[snort]

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Filled.     Buy to Open.         80JNUG Oct 19 2018 9.5 Call.                 Limit.       0.21—-11:03:38 10/12/18
 
Filled Buy to Open 20 JNUG Oct 19 2018 9.5 Call  Limit 0.21 11:03:38 10/12/18

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.