I have taken a second look at the GDX chart, it has trends for a big low going into Jan/Feb 2017 - I had ignored this charts trends before but my XAU projection while showing there was a strong downtrend from last summer is being eclipsed by the GDX chart, current downtrend projects around 17 dollars, so this ties in with Armstrong's "sub $1000 abyss" for Gold. The dollar rally is why. I will post the chart once I am finished with it.
that was a crap showing by gold stocks
Started by
gannman
, Dec 14 2016 04:02 PM
21 replies to this topic
#11
Russ
-
- Traders-Talk User
- 7,196 posts
Member
Posted 15 December 2016 - 08:08 AM
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#12
SemiBizz
-
- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 15 December 2016 - 08:13 AM
Divergence between the miners and the metals is ending...
The mining STOCKS were levitating because they are STOCKS...
The end of the divergence and the harmony with the metals is a BIG TELL on the stock market.
This will be confirmed as other key sectors start to crumble underneath.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#13
SemiBizz
-
- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 15 December 2016 - 10:08 AM
NUGT 5.86...
Looking to buy a round number bounce on this pig around 5 bucks...
They laughed at me when I said this a few weeks back....
Waiting patiently.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#14
dougie
-
- Traders-Talk User
- 9,046 posts
Member
Posted 15 December 2016 - 12:07 PM
thanks for the contra-support, lets see if it works:yes:Down looks right
So this is one nimrod who you laughed at the whole way down
#15
senorBS
-
- TT Member+
- 10,947 posts
Member
Posted 15 December 2016 - 12:52 PM
thanks for the contra-support, lets see if it works:yes:Down looks right
So this is one nimrod who you laughed at the whole way down
keep posting this kinda stuff, it is starting to work
NO BS
Senor
#17
senorBS
-
- TT Member+
- 10,947 posts
Member
Posted 15 December 2016 - 07:19 PM
Work for whom?
you seem to have all the answers, figure it out
#18
dougie
-
- Traders-Talk User
- 9,046 posts
Member
Posted 16 December 2016 - 01:13 AM
And you seem to be good at walking folks down the primrose path...
#19
senorBS
-
- TT Member+
- 10,947 posts
Member
Posted 16 December 2016 - 08:32 AM
And you seem to be good at walking folks down the primrose path...
I don't walk anyone anywhere, I offer opinions and hang my {bleeeep} out, always stating it's only a best guess and about odds and I can easily be wrong. But you like to sit back and offer nothing useful and take your little potshots. Once again I am sick and tired of you and your crap. Please ignore and stop responding to my posts
Senor
#20
stubaby
-
- Traders-Talk User
- 1,660 posts
Member
Posted 16 December 2016 - 08:32 AM
Folks - I must defend dougie and senor BS - in the heat of the battle here - it is a tough and brutal PM market at the moment
- dougie has been nothing but respectful (up to this point where he is defending himself) - yes he asks annoying questions sometimes and makes comments contrary to our opinions (sometimes I answer - sometimes I ignore him - my prerogative AND YOURS TOO!)
-senor BS is kind enough to share his thoughts (AND ACTIONS) on the current market with us - that is not an easy task and I personally thank him for sharing with us - I can honestly say he has been correct many many more times than not here, however, we can think someone is a fad and choose to act on it - no problem - Private Message your friends and neighbors all you want and degrade that person - but it has no place on a public forum (and others have participated in this written ridicule)
Let's all just step-back and move forward - remove the negative.
stubaby
