the board is back
#1
Posted 11 August 2010 - 11:19 AM
saw this yesterday
http://business.tony...ote-of-caution/
and martin armstrongs latest
starring into the abyss
http://www.martinarm...s-7-31-2010.pdf
me i am trading more than i d like
raised some cash and now am waiting to add to juniors
and wait mode
dharma
#2
Posted 11 August 2010 - 11:46 AM
#3
Posted 11 August 2010 - 03:59 PM
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
#4
Posted 11 August 2010 - 08:31 PM
http://a.imageshack....0/1351/gdxy.png
stubaby
#5
Posted 12 August 2010 - 02:21 AM
#6
Posted 12 August 2010 - 07:58 AM
Worth noting. commercials net short position (222K contracts) close to lowest level in past year.
I am amazed at overall sentiment, given Gold is trading just 3% off all-time highs.
#7
Posted 12 August 2010 - 10:12 AM
http://stockcharts.com/charts/gallery.html?$INDU:GLD
Kid: Mom, are we there yet?
Mom: Yep.
http://www.traders-t...howtopic=122270
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
#8
Posted 12 August 2010 - 12:23 PM
Bull doing nice job knocking off riders. Looking at the Rydex data, massive liquidation in miners over last month or so.
Worth noting. commercials net short position (222K contracts) close to lowest level in past year.
I am amazed at overall sentiment, given Gold is trading just 3% off all-time highs.
Muy interesting charts, gracias. Been accumulating GDXJ yesterday and early this morning, sector is looking bueno, I will add on any pullback.
PURE BS
Senor
Edited by senorBS, 12 August 2010 - 12:24 PM.
#9
Posted 12 August 2010 - 01:44 PM
this piece shows that bp is not telling the truth
http://www.youtube.c.../24/C2WtHacAXG8
i found it fascinating
anyone think matt simmons was taken out!!!?
dharma
#10
Posted 12 August 2010 - 09:00 PM
8-11 A re-test of wedge breakout would look ugly BUT SHOULD BE BOUGHT IMHO as a slingshot to $56+ should follow especially IF $47 holds!
http://a.imageshack....0/1351/gdxy.png
stubaby
Nice chart Stu. But I see a bigger multi-year slingshot forming
I can feel the compression. This chart looks like to me like it's close to busting.
I wouldn't be suprised to see HUI 800+