GREY:GPLDF - Post by User
Comment by
whypromoteon Mar 15, 2011 12:47pm
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Post# 18287793
RE: RE: Mineshack...
RE: RE: Mineshack...Mineshack...
I meant a " HEDGE ".....GPR is your hedge? Down 22 % in a week? Meant a " hedge " to protect your " long " GPR shares. Your answer tells me you'll stomach the swings. I meant puts...SLW, SLV, GDXJ..etc...
21DMA? $3.72 As mentioned before, parabolic charts normally ride their 21DMA....we have since last summer.
With maybe a test or retest or two. When broken you can sell off....note our 40 % correction earlier this year.
https://stockcharts.com/h-sc/ui?s=GPR.TO&p=D&yr=2&mn=0&dy=0&id=p84084819161
Silver is still above where it was last Friday which is insane.
Corrections are healthy. Normal. GPR should bleed down to $3...no biggie. I am hedged...you have larger balls! :)
Being the new " silver proxy " cuts both ways.
GLTA
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