8 replies to this topic

[Stickan]

Looks like we have solid fib, as well as Andrews (pitchfork), old high and FibTime support. Besides, Goldstocks showed sgns of life at the end of last week.
Bought BGO,GRZ RGLD GG and watch the Copperstocks(PCU,RPT,BHP.PD)!!!! (bought RPT)
stig

[geosing]

What do you think about FCX on the copper front? Geo PS and OffTopic: Do you know what happened to Yuri. He, his sites and groups seem to have just vanished. I hope he is okay and will resurface in due course.

[Islander]

My count shows we just entered the 81 day cycle recently and I suspect we go down a bit more before we turn up to new highs. The cycle could be blown out by news, but all else equal, we have a few weeks down. Islander.

[geosing]

Stig, RPT is a REIT and has nothing to do with copper. Is there a typo? Geo

[geosing]

Perhaps you mean RTP - Rio Tinto. Jim Rogers recommended RTP this weekend in one of the talking head shows. Geo

[SevenOfEleven]

Some alternate forks:

http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$gold,uu[l,a]waclynay[de][pb13!b40][iub14!la12,26,9!lh14,3][j18553291,y].gif

[SevenOfEleven]

...and that forking buck...

http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$usd,uu[l,a]waclynay[df][pb13!b40][iub14!la12,26,9!lh14,3][j9057435,y].gif

[2cents]

SoE Your pitch fork shows down to 325. Is that correct?

[SevenOfEleven]

SoE
Your pitch fork shows down to 325. Is that correct?

Roughly correct - it's a diagonal - time will determine. Both that gold chart and the dollar chart are extreme case potentials. I personally don't expect anything lower than 349'ish near term with a possibility (which is getting slimmer but not gone) of a short lived pop (double top at best). By near term I'm talking about the cycles I track, and specifically what I refer to as the short cycle which coincides with the standard 4-6 month period.

I'm better at timing with gold than with actual levels - just so I make that known.

For more charts on what I do check my page out at:

http://stoolcities.c.../sevenofeleven/

Another person's precious metal charts I like is here:

http://stoolcities.c...stool.com/jr12/

And for overall genius (a man who's brain barely fits his cranium) go here:

http://stoolcities.c...l.com/bontchev/

Armed with some of this and Chart Guru Doug's outstanding work it's difficult to go wrong.

-Seven