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  1. hitmanlam
    Post

    Gold Price - Where is it heading?

    Momentum has certainly stalled for the time being. Distribution top or consolidation on a continued uptrend? Who knows. The dilemma.
    Post by: hitmanlam, May 14, 2010 in forum: Commodities
  2. hitmanlam
    Post

    Gold Price - Where is it heading?

    My take on gold after last weeks price action,After Fridays sell-off at the 1180 level, Alot of ppl are a bit hesistant pushing gold above the...
    Post by: hitmanlam, Nov 30, 2009 in forum: Commodities
  3. hitmanlam
    Post

    Gold Price - Where is it heading?

    Seriously?.....Where do u think the support will be? $1100?
    Post by: hitmanlam, Nov 27, 2009 in forum: Commodities
  4. hitmanlam
    Post

    Gold Price - Where is it heading?

    Well, well, well......U picked it Edwood. Now the questions is, where is the expected support. Time to do some fibonacci research.
    Post by: hitmanlam, Nov 27, 2009 in forum: Commodities
  5. hitmanlam
    Post

    Gold Price - Where is it heading?

    Current bouncing at the 1180 mark. It's gonna break down if it breaches support at $1180. Possible reversal? Too early to call.
    Post by: hitmanlam, Nov 27, 2009 in forum: Commodities
  6. hitmanlam
    Post

    Gold Price - Where is it heading?

    No probs Edwood. I must admit, I have been thinking about shorting it myself (not really going to do it, just thinking about it). I guess your...
    Post by: hitmanlam, Nov 27, 2009 in forum: Commodities
  7. hitmanlam
    Post

    Gold Price - Where is it heading?

    LOL Edwood. There is MASSIVE support at 1181. Even when the USD rebounded hard, gold has been holding above the 1180 mark. I'm giving it a 80%...
    Post by: hitmanlam, Nov 27, 2009 in forum: Commodities
  8. hitmanlam
    Post

    Gold Price - Where is it heading?

    I'm thinking consolidation at $1200. A fake upward movement forming the head......possibly at $1220, then a reversal. So possible shorting at...
    Post by: hitmanlam, Nov 26, 2009 in forum: Commodities
  9. hitmanlam
    Post

    Gold Price - Where is it heading?

    I've tried shorting before the key $1000. It doesn't work because you're going against momentum. Shorts end up covering their own position...
    Post by: hitmanlam, Nov 26, 2009 in forum: Commodities
  10. hitmanlam
    Post

    Declaring yourself BANKRUPT!!!

    I must have misread your post. I thought u were talking about someone u knew went bankrupt. Sorry waza. Going to re-read your post now!
    Post by: hitmanlam, Aug 29, 2009 in forum: Business, Investment and Economics
  11. hitmanlam
    Post

    Declaring yourself BANKRUPT!!!

    Yep. I was really hoping to hear from a fellow asfer who's gone through bankruptcy him/herself. Was it as bad as what everyone is making it out...
    Post by: hitmanlam, Aug 29, 2009 in forum: Business, Investment and Economics
  12. hitmanlam
    Post

    Declaring yourself BANKRUPT!!!

    I was previously an accountant down in wagga back when I took out the loan. The ironic thing now is that sorta work for the CBA now under CFS as...
    Post by: hitmanlam, Aug 29, 2009 in forum: Business, Investment and Economics
  13. hitmanlam
    Post

    Declaring yourself BANKRUPT!!!

    Thankyou for the overwelming responses received so far.Can I say that I was 22/23 when I took out that loan. I think that is way too young...
    Post by: hitmanlam, Aug 29, 2009 in forum: Business, Investment and Economics
  14. hitmanlam
    Post

    Declaring yourself BANKRUPT!!!

    Can you claim interest on the loan as a deduction against your wage income. I thought u can only offset the interest on capital gains. E.g...
    Post by: hitmanlam, Aug 28, 2009 in forum: Business, Investment and Economics
  15. hitmanlam
    Post

    Declaring yourself BANKRUPT!!!

    Thanks buckeroo. I am going to talk to some ppl and try to restructure this loan.I've gotta think positive I guess. No one likes to lose...
    Post by: hitmanlam, Aug 28, 2009 in forum: Business, Investment and Economics
  16. hitmanlam
    Post

    Declaring yourself BANKRUPT!!!

    True. 50k might sound like nothing to you. But it's all relative. 50k is like 3 years worth of savings or essentially 3 years of my life.To...
    Post by: hitmanlam, Aug 28, 2009 in forum: Business, Investment and Economics
  17. hitmanlam
    Post

    Declaring yourself BANKRUPT!!!

    Just had a quick look at the ratecity.com site.Low rate credit card going at 11%. Not bad.......Just gotta get that credit card...
    Post by: hitmanlam, Aug 28, 2009 in forum: Business, Investment and Economics
  18. hitmanlam
    Post

    Declaring yourself BANKRUPT!!!

    Looking back at that previous post.LOL nunthewiser. Oh the things I could have done......And to think that I could have done all that and...
    Post by: hitmanlam, Aug 28, 2009 in forum: Business, Investment and Economics
  19. hitmanlam
    Post

    Declaring yourself BANKRUPT!!!

    True, maybe I was hoping to take the easy way out. But who wouldn't? Anyone that declares themselves bankrupt is technically taking the easy way...
    Post by: hitmanlam, Aug 28, 2009 in forum: Business, Investment and Economics
  20. hitmanlam
    Post

    Declaring yourself BANKRUPT!!!

    Ok. A lot of things to take here. First of all, yes, it was 50k unsecured. I had a stable job at a accounting firm for about 2 years (55k p.a)....
    Post by: hitmanlam, Aug 28, 2009 in forum: Business, Investment and Economics
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