Well after Riding the 9 Month PM Bear with Rambus …and hating every minute of it (except for the obscene profits)…

I was Thrilled when Rambus finally ( on August 8th)… turned to the Gold Bull Side and bought his first of 5 positions in NUGT

to soon be followed by 1 position in UGLD and 2 in USLV

but alas…The Bull Has Bucked and the worm has turned and Today Rambus has exited this trade (for now)

With the following Paltry Profits…(each position was $25,000 in the Kamikaze Portfolio)

UGLD …Bought @ 17.67
……..Sold @ 22.21
………25%
………Profit $6,420

………………….

USLV …Bought @ 6.26 and 7.15
……..Sold @ 10.26
……..Average 55%
………Profit $27,375

………………….

NUGT …Bought @ 67.5… 70.1…. 72.3… 73.5…. 78.3
……..Sold @ 82.66
………Average 15%
……….Profit $19,405

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Most of us were not quite as Nimble as Rambus…but anyone taking these trades even close to where they were reco’d

has done well…congratulations

Also I note that many members at the forum are trading both sides of this volatile market…and using Chartology Principles

with even greater success

This is Rambus’s Fondest wish for each and every one of you

Follow his lead by all means…but learn to fly solo if you can…and you will be rewarded over and over

Its all at the Timeless Tutorials…we invite each and every Member to take the time to read them…There is a valuable lesson in each and every one

……………

Hopefully all Members have the email alerts set in their profile

and hopefully most of you in the Kamikaze Trades are able to trade at a moments notice

These trades cannot be left alone for too long ..if at all

…………….

I really hope we can get back on the Bull Side soon

9 Months of Gruelling Bear followed by a mere 3 short but intense weeks of Bull… It just doesn’t seem fair !

Sir Fully ( Town Crier)