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Forum: Income and Jobs 07-10-2011, 01:03 AM
Replies: 57
Views: 18,610
Posted By 1973
Taking the risk of jinxing it again.... The...

Taking the risk of jinxing it again....

The low should have been put in yesterday for GDX at price between 52-54. Actually, at one point, it was at 51. I continue to hold this one although I do...
Forum: Income and Jobs 27-09-2011, 05:55 PM
Replies: 57
Views: 18,610
Posted By 1973
Just want to add my point on the part about...

Just want to add my point on the part about speculative money. Speculative money is what that are and will be causing all the volatility. Part of the reason for the last week huge correction in gold...
Forum: Income and Jobs 27-09-2011, 05:09 PM
Replies: 57
Views: 18,610
Posted By 1973
The price of gold has risen more than gold stocks...

The price of gold has risen more than gold stocks in the past 1 year. It is still true tracing 5 years back. At this high gold price, the profit growth potential is not reflected at all in many of...
Forum: Income and Jobs 27-09-2011, 09:22 AM
Replies: 57
Views: 18,610
Posted By 1973
Since GDX didn't bounce back sufficiently,...

Since GDX didn't bounce back sufficiently, approximately 6% required, last night, the buy signal has been negated.

It doesn't mean that price will drop further. If you have bought, you may sell on...
Forum: Income and Jobs 23-09-2011, 10:44 AM
Replies: 57
Views: 18,610
Posted By 1973
ALL the QEs and FED/government interventions are...

ALL the QEs and FED/government interventions are futile but they benefit gold/silver prices and that was how I made my money.
Forum: Income and Jobs 23-09-2011, 10:29 AM
Replies: 57
Views: 18,610
Posted By 1973
Despite the huge gap down in the share price of...

Despite the huge gap down in the share price of GDX yesterday, the buy signal still hasn't sell. It is still in the buy signal if it can rise slightly, probably 0.75% today. If it continues to drop...
Forum: Income and Jobs 23-09-2011, 01:06 AM
Replies: 57
Views: 18,610
Posted By 1973
Yes. I talked about an immediate rise after the...

Yes. I talked about an immediate rise after the signal and then a drawn down (1-8%) before the index takes off. I didn't write that the drawn down is between 1-8%. This happened in 1979 and 2005,...
Forum: Income and Jobs 22-09-2011, 08:17 PM
Replies: 57
Views: 18,610
Posted By 1973
To keep thing short and concise, these share...

To keep thing short and concise, these share price is high for good reason. Gold and silver prices have made record high but they are not fully reflected in the huge profit growth that will be...
Forum: Income and Jobs 22-09-2011, 01:38 PM
Replies: 57
Views: 18,610
Posted By 1973
It is very clear from my posts that I am 100% in...

It is very clear from my posts that I am 100% in (1.5 millions) on the very specific day I made the first post on the stock. It is not a hindsight thing.

On the vey day I made the recommendation,...
Forum: Income and Jobs 21-09-2011, 08:12 PM
Replies: 57
Views: 18,610
Posted By 1973
If the stock will be doubling in 6 months or 1...

If the stock will be doubling in 6 months or 1 year time, does it matters that you bought it at $65, or $60 or $63?

As I said, buy it and hold for 6 months, then you are free to decide if you want...
Forum: Income and Jobs 21-09-2011, 08:06 PM
Replies: 57
Views: 18,610
Posted By 1973
As I have written, I was waiting for a...

As I have written, I was waiting for a confirmation signal and this week I got the signal. This stock went up tremendously for more than 2US$ immeidately yesterday I made the post. As I have written,...
Forum: Income and Jobs 20-09-2011, 04:27 PM
Replies: 57
Views: 18,610
Posted By 1973
Hi, Since I am not a certified financial...

Hi,

Since I am not a certified financial advisor, I am not suppose to give any investment advise. The following is my sharing. What to do with it is all up to individual. Please don't come back to...
Forum: Income and Jobs 06-09-2011, 01:59 PM
Replies: 57
Views: 18,610
Posted By 1973
In a few days time, or probably next week, after...

In a few days time, or probably next week, after I make another confirmation, I'll share something here since some of you have requested and even private me.

I don't mind sharing with some of you...
Forum: Income and Jobs 06-09-2011, 12:40 PM
Replies: 57
Views: 18,610
Posted By 1973
I am asking the question because there is no...

I am asking the question because there is no definite answer and I want to hear different perspective of what $1.5 millions mean, what a job means and what is life about.

The problem is that $1.5...
Forum: Income and Jobs 04-09-2011, 07:56 PM
Replies: 57
Views: 18,610
Posted By 1973
Thanks J for your kind suggestion. As the...

Thanks J for your kind suggestion.

As the saying goes, when there is great uncertainty, there is great opportunity. I think I see great opportunity within the uncertainty that even Tony Tan...
Forum: Income and Jobs 30-08-2011, 06:54 PM
Replies: 57
Views: 18,610
Posted By 1973
I don't think I have any good business idea. I am...

I don't think I have any good business idea. I am quite a sloppy person. If I am any good, is probably I am lucky enough to accomplish this little in investment.

I am thinking of buying a property...
Forum: Income and Jobs 30-08-2011, 02:58 PM
Replies: 57
Views: 18,610
Posted By 1973
the day job is 5k. The investment I am doing is...

the day job is 5k. The investment I am doing is considered a second job. Full time investor, even though I have some success already, I still consider there is an element of luck.....but that is what...
Forum: Income and Jobs 30-08-2011, 01:39 PM
Replies: 57
Views: 18,610
Posted By 1973
My current job isn't stressful. However, I do...

My current job isn't stressful. However, I do have to read alot to get to the high probability investment opportunity. Sometimes, the market is volatile and it does induce some stress. With two jobs,...
Forum: Income and Jobs 30-08-2011, 01:09 PM
Replies: 57
Views: 18,610
Posted By 1973
Yes. You are correct. In investment, there is...

Yes. You are correct. In investment, there is always an element of luck. Before making 1 million, I have already some success in reaching 500k. I picked seemingly extremely undervalued stocks that...
Forum: Income and Jobs 29-08-2011, 06:33 PM
Replies: 57
Views: 18,610
Posted By 1973
Will you leave your present job?

If you have S$500K and made another S$1 millions through investing in stocks, will you leave your present job. Assuming that you are 38 years old and the present job don't pay supremely well or...
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