5 replies to this topic

[Frac_Man]

The SPY fractal and the QQQQ fractal are both pointing to a deep swan dive on Monday and for the rest of the week ......... Monday March 5th was my original target for this top ......... although it arrived early this Monday should be be taken lightly ...... the fractal generator of this break points to Monday and the next few days of extensive selling .... I see NO bottom yet .......... The XAU has reached my target 130 --- very quickly ..... and the GLD looks ( if this unfolds ) as a possible bottom for the shares and Gold. A confirmation is needed for both of these fractal point sets for the indices. The gold shares are bargains now -- once again ---- most of the other equity stocks can be shorted for lower prices for the next 6 months. It's going to be tough to see buy candidates let alone buy them. enjoy Hank ... whew what a week ............. have a nice weekend ...............

[johngeorge]

The SPY fractal and the QQQQ fractal are both pointing to a deep swan dive on Monday and for the rest of the week ......... Monday March 5th was my original target for this top ......... although it arrived early this Monday should be be taken lightly ...... the fractal generator of this break points to Monday and the next few days of extensive selling .... I see NO bottom yet ..........

The XAU has reached my target 130 --- very quickly ..... and the GLD looks ( if this unfolds ) as a possible bottom for the shares and Gold. A confirmation is needed for both of these fractal point sets for the indices.

The gold shares are bargains now -- once again ---- most of the other equity stocks can be shorted for lower prices for the next 6 months. It's going to be tough to see buy candidates let alone buy them.

enjoy

Hank ... whew what a week .............

have a nice weekend ...............

Thanks for the update, Hank

I am still in cash waiting for the buying opportunity in gold stocks. Enjoy your weekend too.

Best to you.

[optionking]

Fracman,

This is what AJTJ said on his board. Sounds quite possible since March 5 is also a cycle low turn date

http://www.investors...age_id=17560177

[nimblebear]

Hank, Your fractal work continues to impress. Are you indicating the XAU and Gld could start actually be turning around and back up while the rest of the market sells off? If that happens it would be really amazing. Would like to have your estimate of probabilities on these. NB

[Frac_Man]

thanks, I'll know Monday

Hank

it is quite possible ---- that would baffle the majority !

Hank,

Your fractal work continues to impress. Are you indicating the XAU and Gld could start actually be turning around and back up while the rest of the market sells off?

If that happens it would be really amazing. Would like to have your estimate of probabilities on these.
NB

[nimblebear]

[quote name='Frac_Man' date='Mar 3 2007, 06:34 PM' post='274730']
thanks, I'll know Monday

Hank

it is quite possible ---- that would baffle the majority !



Won't baffle me. I like gold and some of the shares. Been making me some money since '00.