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gold in a pennant (Part 2)


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#11 dharma

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Posted 16 April 2010 - 09:54 AM

sold mmg @131 bought @.28 will consider light buying if support holds. i recognize there are alot of negatives right now. bull markets climb a wall of worry my work still shows new forever highs soon, so right or wrong i follow my work and worst case is i hold what i have for a while dharma

#12 Ken

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Posted 16 April 2010 - 10:16 AM

my cycle work comes in the 23rd. also the 19-20th appears powerful

Hi dharma,

I'm a new member and it's my first post so I hope you don't mind answering a question or two.

You have April 23rd as an important date in your cycle work. I find that interesting because Raymond Merriman also has April 22nd give or take 3 trading days as a critical reversal date for major markets. More specifically he has April 21st to 23rd as a short term reversal date for silver. In your cycles work do you see the 23rd as a low or a high for the PM mining stocks?

#13 dharma

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Posted 16 April 2010 - 10:36 AM

my cycle work comes in the 23rd. also the 19-20th appears powerful

Hi dharma,

I'm a new member and it's my first post so I hope you don't mind answering a question or two.

You have April 23rd as an important date in your cycle work. I find that interesting because Raymond Merriman also has April 22nd give or take 3 trading days as a critical reversal date for major markets. More specifically he has April 21st to 23rd as a short term reversal date for silver. In your cycles work do you see the 23rd as a low or a high for the PM mining stocks?

turn dates indicate a turn.
dharma

#14 dharma

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Posted 16 April 2010 - 11:39 AM

starting to nibble mgh this has more to go dharma

#15 dougie

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Posted 16 April 2010 - 01:57 PM

today is Armstrong PEI date as well as important sololunar date

#16 dharma

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Posted 19 April 2010 - 09:15 AM

my short term targets have been met, now, i think we hammer out a bottom, this process could take a week. although today is an important date. dharma

#17 dharma

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Posted 19 April 2010 - 02:37 PM

sure looks and feels like the bottom is being hammered out dharma bull markets climb a wall of worry

#18 dharma

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Posted 19 April 2010 - 02:57 PM

mgh peering out of the top of the pennant. also, it is above its maverages. could be ready to rumble i love when stocks give you time to accumulate dharma

Edited by dharma, 19 April 2010 - 02:58 PM.


#19 dharma

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Posted 20 April 2010 - 09:12 AM

not sure the bottom is in, i will accumulate if we pull back again.
hourly divergences in place.
i dont follow eric hydik, or anyone else for that matter, but a friend sent me this piece
http://www.consensus...0410spl-itt.htm
i am looking for new highs in may
dharma

#20 dharma

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Posted 20 April 2010 - 11:38 AM

stewart thompson
http://www.321gold.c...n_s_042010.html
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