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Sorry Gold Bugs, I have more BAD NEWS


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#1 SemiBizz

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Posted 15 March 2012 - 12:17 AM

It came on TWICE THE VOLUME as the previous session... The 2012 low was made on the STRONGEST VOLUME of the year as well. The gold stocks tend to lead the gold price... On another note... DZZ been working fine. (Short Gold Contract ETF) :D
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#2 pdx5

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Posted 15 March 2012 - 12:57 AM

I heard Greece is selling gold. May be other PIIGS are too?
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#3 fib_1618

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Posted 15 March 2012 - 04:46 AM

The 2012 low was made on the STRONGEST VOLUME of the year as well.

We're also within the window of the next nesting of the 3 month cycle.

Climactic behavior?

Fib

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#4 fluid

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Posted 15 March 2012 - 06:42 AM

The 2012 low was made on the STRONGEST VOLUME of the year as well.

We're also within the window of the next nesting of the 3 month cycle.

Climactic behavior?

Fib

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Dave,

You mentioned elsewhere that the effects of QE2, the liquidity are actually seen in the markets some months atferwards, I think you said something like 8-12 months.

What are you basing this on, and what information and references do you have to support such a claim? I cant seen anything to support it.

I thank you in advance for any such information.

Also, do you by any chance know where I can get a chart on the eurodollar commercial interest as a persentage of open interest (OI)?

Thanks,

#5 fib_1618

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Posted 15 March 2012 - 08:15 AM

What are you basing this on, and what information and references do you have to support such a claim?

Well, there's probably not too much out there because it doesn't jive with general Ivy League thinking, plus I haven't written a book on liquidity waves as yet!

This is something though that we do discuss a lot in our chat sessions as you already know.

Also, do you by any chance know where I can get a chart on the Eurodollar commercial interest as a percentage of open interest (OI)?

There are free charts of the Eurodollar futures such as this one.

Once you have that, you should probably go to Commitment of Traders where you can then figure out the percentage yourself.

Fib

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#6 Geomean

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Posted 15 March 2012 - 10:25 AM

FWIW I got a bullish doji star pattern buy signal on DGP this am, at the .618 retrace from its recent IT high. Interesting that this also touches the LT rising trendline. We'll see if the signal is confirmed by staying above yesterday's close by day's end.
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#7 Lee48

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Posted 16 March 2012 - 07:54 PM

Mmm, gold is looking good..I think I'll put my shovel back up and eat me another apple... :lol:
http://stockcharts.c...c/1178409/tenpp