Jump to content



Photo

Where and when does a bottom form?


  • Please log in to reply
62 replies to this topic

#21 senorBS

senorBS

    Member

  • TT Member+
  • 10,958 posts

Posted 24 January 2010 - 01:55 PM

one day is my bet at this point: why? I have not completely capitulated yet


Thats Funny :lol:
I wanted to capitulate on Thurs & Fri morning, I wound up just buying more.
As of Thurs, I am 125% LONG. Largest position in many months.



grande balls amigo! :o Senor is itchy to buy but scared as muy more downside is possible, being patient.

NO BS

Senor

#22 senorBS

senorBS

    Member

  • TT Member+
  • 10,958 posts

Posted 25 January 2010 - 12:22 PM

Nibbling a little at long side, just a little. BSing away Senor

#23 dougie

dougie

    Member

  • Traders-Talk User
  • 9,052 posts

Posted 25 January 2010 - 01:16 PM

one more large bit of down next 2 days

#24 JGUITARSLIM

JGUITARSLIM

    Member

  • Traders-Talk User
  • 618 posts

Posted 25 January 2010 - 02:10 PM

one more large bit of down next 2 days


If so, that may be just enough for me to finally capitulate :P

#25 dharma

dharma

    Member

  • Traders-Talk User
  • 9,618 posts

Posted 25 January 2010 - 02:24 PM

one more large bit of down next 2 days


If so, that may be just enough for me to finally capitulate :P

into my dates, and it sure looks like bottoming action to me.
keep in mind that the 1073 low gold recorded over a month ago has not been breached.@this point it is hanging tough
dharma

Edited by dharma, 25 January 2010 - 02:26 PM.


#26 senorBS

senorBS

    Member

  • TT Member+
  • 10,958 posts

Posted 25 January 2010 - 02:55 PM

nibble, nibble, nibble Senor

#27 JGUITARSLIM

JGUITARSLIM

    Member

  • Traders-Talk User
  • 618 posts

Posted 25 January 2010 - 04:49 PM

one more large bit of down next 2 days


If so, that may be just enough for me to finally capitulate :P

into my dates, and it sure looks like bottoming action to me.
keep in mind that the 1073 low gold recorded over a month ago has not been breached.@this point it is hanging tough
dharma


Yes sir...if that low holds, imo, would be very bullish.
Many folks are expecting a test of that 1030 breakout area.
It may just not happen...

Edited by JGUITARSLIM, 25 January 2010 - 04:51 PM.


#28 stubaby

stubaby

    Member

  • Traders-Talk User
  • 1,660 posts

Posted 25 January 2010 - 04:53 PM

Bob Hoye

stubaby

#29 dougie

dougie

    Member

  • Traders-Talk User
  • 9,052 posts

Posted 25 January 2010 - 05:27 PM

surely does look ugly enough to scare me from adding: that is a reliable tell of bottoms close at hand, except when it isnt , like in to the 2008 lows

#30 senorBS

senorBS

    Member

  • TT Member+
  • 10,958 posts

Posted 26 January 2010 - 09:19 AM

I have some more nibble orders in well below yesterday's close since we could see a grande gap lower in gold and silver stocks. Just nibbling, most of pesos waiting for late today and tomorrow for possible serious buying. If orders filled will only be 25% long of what I will allocate for this position this week. BSing away Senor