Seeking Alpha

Robert Edwards

Robert Edwards
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  • Gold Is Down But Not Out! [View instapost]
    Sorry but I don't trade Sprott Physicals as they are not true ETFs, click http://seekingalpha.co...
    Apr 25, 2015. 02:44 AM | Likes Like |Link to Comment
  • Gold Is Down But Not Out! [View instapost]
    Check out the forecasted price rising over $50 over the next 6 months, click http://bit.ly/1uzIdOI
    Apr 25, 2015. 02:40 AM | Likes Like |Link to Comment
  • Gold Is Down But Not Out! [View instapost]
    Here we find a bond king also likes gold! Click http://onforb.es/1I6sMpl
    Apr 24, 2015. 11:11 PM | Likes Like |Link to Comment
  • Gold Is Down But Not Out! [View instapost]
    Gold stocks are extremely cheap, just check out this article, click http://bit.ly/1JDGYEy
    Apr 24, 2015. 10:38 PM | Likes Like |Link to Comment
  • What Does Friday's Action In The Emini Dow Futures Foretell For The Coming Week? [View instapost]
    Well, Monday was so strong it made back nearly all that was lost on Friday. Then on Tuesday, after early strength, we got the anticipated selloff, losing back a good deal of points. Then on Wednesday's low, we traded below Monday's low so it turns out that anyone who shorted on Monday's strength, they would have made money if they held out till Wednesday.
    Apr 23, 2015. 08:51 AM | Likes Like |Link to Comment
  • What Does Friday's Action In The Emini Dow Futures Foretell For The Coming Week? [View instapost]
    We bounced today really strongly, now over 300 points above Friday's low. Unbelievable how strong we are right now, like Friday never happened. Amazing how a weekend can wash away all the Greek fears of Friday. No longer wanting to short the Dow as it has rallied too strongly today and if we do get weakness in the next couple days, it will probably be a buy!
    Apr 20, 2015. 10:01 AM | Likes Like |Link to Comment
  • How I Plan To Trade Natural Gas (Or UGAZ) As It Tries To Bottom [View instapost]
    If the technical market picture improves to the point that you get a buy signal that develops, you can readjust your buying scheme. What I have described is the strategy one would deploy if we just keep falling lower and lower.

    For now, very small position long is justified but no more. Otherwise, just wait a bit longer for some confirmation a bottom is being formed.
    Apr 13, 2015. 10:24 AM | Likes Like |Link to Comment
  • Where Are Natural Gas And Crude Oil Going Now? [View instapost]
    On Stocktalk thread, explained how I just bot June nat gas at 2.585 and 2.555 on Friday. 4/10/15. Will continue to buy on dips and sell on rallies as not yet bottomed but hoping May Nat Gas finds support around 2.50 which would translate to 2.54 support in June. Will try to do a nat gas article today.
    Apr 11, 2015. 08:06 AM | 1 Like Like |Link to Comment
  • Gold Is Finally Getting A Little Respect [View instapost]
    One thing that I did not mention in the article, was that hedge funds are extremely short the gold market. If gold can rally a bit it could cause a significant short squeeze like we saw in January when gold topped $1300. Could have a repeat of that bullish move in the near future!

    HSBC sees more strength in gold, click http://bit.ly/1O3uLvX

    Also, here is another Gartman comment on kitco this time, click http://bit.ly/1DZAfFl

    After over an hour of trading today, June Gold futures are holding firmly above $1207.50 low, recently hitting $1214. Typically one gets a $10 to $12 minimum daily price range, so adding $12 to $1207.50, one gets $1219.50 which would fill the gap left from Monday's close of $1218.60 to the overnight high of 1215.90. After we gapped up on Monday, it would kinda be ridiculous to gap down on Tuesday and not fill the gap. I would expect the gap to be filled later today and show strength late today and into Wednesday.
    Apr 7, 2015. 10:29 AM | Likes Like |Link to Comment
  • Where Are Natural Gas And Crude Oil Going Now? [View instapost]
    Found this article about the US/Iran agreement that is bullish oil on any dips, click http://seekingalpha.co...
    Mar 30, 2015. 03:10 PM | Likes Like |Link to Comment
  • Update On Natural Gas, Crude Oil & Gold [View instapost]
    If you missed catching the low prices of DGAZ when nat gas was stronger today, u might want to wait until Monday and wait for a pop in nat gas towards 2.90 and then buy your DGAZ
    Mar 20, 2015. 03:55 PM | Likes Like |Link to Comment
  • Update On Natural Gas, Crude Oil & Gold [View instapost]
    I only play short-term and short-term it is oversold and due for a bounce that we are starting to get maybe. In the long-term we are all dead.
    Mar 20, 2015. 03:54 PM | Likes Like |Link to Comment
  • Update On Natural Gas, Crude Oil & Gold [View instapost]
    Not a prophet but an intuitive. Using your intuition, you can indeed learn to predict the future. That is what I try to do, in order to give myself a road map so I can see if I am on the right road (and continue doing the trades that are working) or see that we have made a detour (and change my trades to accommodate the new path we are now traveling). Thanks anyway for the compliment. It feels good when everything is clicking and the market is unfolding as one expects. Only if it was always this easy!
    Mar 20, 2015. 12:46 PM | Likes Like |Link to Comment
  • Exciting Trading Prospects Upcoming In Natural Gas, Crude Oil And Gold [View instapost]
    When the US Dollar tops out, the Canadian Dollar, gold, and crude oil could be great places to be. That dollar top could happen as early as 4 weeks from now, or at least we might get a short-term top and correction, allowing buyers of commodities and commodity currencies (Australian & Canadian Dollars & Yen) to rally from their lows.

    The US Dollar has resistance at $102 and $105 that should be formidable, and again t $110, & $112, not to mention the major resistance at the 2002 top at $120. US Dollar should top soon or at least slow down and have some corrections soon surely. A true bull market in the US Dollar would be a grind higher, 2 steps up and 1 step down. The US Dollar is screaming straight up, going parabolic. That is what you have during bearish shortcovering rallies. The US Dollar is very bearish long-term and from the Sept. 1985 high of $160, and the 2002 high of $120, the next high should be lower still, at maybe $105 or $110, before the down move reasserts itself. Look at US Debt levels. Nothing bullish about our currency or economy that has to borrow so much to sustain itself. When and if interest rates rise, paying interest on our bonds will sap up all our financial energy and steal money from everything else. Our country is set up as one large Ponzi scheme. Social Security system is a Ponzi scheme and so is the way we do our annual budget. Not sustainable long-term, but could go on another 10, 20, 30 or maybe 50 years before it all crashes down. I am 59 and not likely to crash during my lifetime but feel sorry for your kids!
    Mar 14, 2015. 06:32 PM | Likes Like |Link to Comment
  • Exciting Trading Prospects Upcoming In Natural Gas, Crude Oil And Gold [View instapost]
    I should mention that this past week, gold was down 1% with silver down over 2%. Platinum is now trading $40 below the price of gold which is a real rarity. Gold has held up better than the other metals and I expect for that to continue. The action in the last couple days is not inspiring for gold bulls, so I got flat on Friday's late small bounce. I like scalping from the long side, but with all of the negative chart action, I am not interested in holding long positions as we move lower and lower. I am utilizing any and all rallies to take profits, and most days I do not hold overnight unless I want to sell overnight in Asian or European strength.

    Gold is weakest in New York so I usually sell out on any strength that comes overnight. However, I like getting long using the New York weakness to get me great prices. Playing very small, catching the proverbial "falling knife" but should be able to trade larger size on further weakness.
    Mar 14, 2015. 04:31 PM | Likes Like |Link to Comment
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513 Comments
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