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emerging wave 3


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#381 dharma

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Posted 14 February 2018 - 11:46 AM

i should add chinese new year holiday begins , so they will be closed for a week.   so it may present a buying opportunity .

they are talking about strong wedding season demand in india.  my experience fwiw chinese new years the banksters come out to rape, pillage and  plunder

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#382 dougie

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Posted 14 February 2018 - 12:12 PM

We have three waves off the lows. What happens next is the tell

#383 Smithy

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Posted 14 February 2018 - 12:42 PM

Looking for the GSR to normalize before too long: silver up or gold down.



#384 senorBS

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Posted 14 February 2018 - 01:10 PM

GLD so far looking/acting/smelling like a 3rd wave, "if" correct that implies 1400 sooner rather than later

 

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#385 Smithy

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Posted 14 February 2018 - 01:35 PM

Senor , your % long? I follow it with interest. I'm about 60% in, not that the % means much for the way I trade.

Also long SPX.



#386 senorBS

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Posted 14 February 2018 - 01:46 PM

Senor , your % long? I follow it with interest. I'm about 60% in, not that the % means much for the way I trade.

Also long SPX.

haven't changed since I added CDE and NEM later last week, close to 25%, probably too careful



#387 dougie

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Posted 14 February 2018 - 02:29 PM

one can never be too careful as you have shown us!

 

DBC well below LT moving averages now: what does THAT signal?



#388 dougie

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Posted 14 February 2018 - 02:43 PM

take out GDX 23.40 or so and



#389 dharma

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Posted 14 February 2018 - 07:13 PM

 i am looking at the mining sector as being way under valued vs gold vs spx.  so i take a shotgun and spread the risk over several issues putting stops for now below the lows.   each person has to play this in a way that is comfortable for them , in order to cut down on mistakes.  i believe we are in 1of 3 of 3 here.  the fact is the miners are undervalued. so everyone choose what suits their style.  

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#390 senorBS

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Posted 14 February 2018 - 07:53 PM

GG and ABX reported after close, nice beat by GG and last trade I saw was 13.75 up from 13.2 close, ABX beat by a penny and last I saw was up 15 cents from close

 

Senor