this decline from recent highs, hmmm. Maybe both will decline? but dollar looking more bearish IMO and an importante top could have been made, if correcto will gold decline even more with dollar, or is something muy interesting developing. I am not in any metals positions, just thinking out loud.
BSing away
Senor
and the dollar makes now lows for
Started by
senorBS
, Apr 16 2013 03:10 PM
11 replies to this topic
#2
Kimston
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Posted 17 April 2013 - 08:37 AM
I still think the dollar is tracking a pattern to head much higher as posted awhile ago on the Swing Waves board. I don't know how far the dollar might pull back on this current move, but I think it's reasonably likely it will be over 85 in the next 2 to 4 months. I'm not sure how it will fit in with gold or the dollar, but the DOW should make a multi-generational top at or near the 15,000 level.
Kimston
Kimston
#3
fluid
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Posted 17 April 2013 - 08:45 AM
Could be another classic "slope of hope?"
#4
dougie
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Posted 17 April 2013 - 03:30 PM
14887 not near enough?
I still think the dollar is tracking a pattern to head much higher as posted awhile ago on the Swing Waves board. I don't know how far the dollar might pull back on this current move, but I think it's reasonably likely it will be over 85 in the next 2 to 4 months. I'm not sure how it will fit in with gold or the dollar, but the DOW should make a multi-generational top at or near the 15,000 level.
Kimston
#5
Kimston
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Posted 17 April 2013 - 06:34 PM
Could be near enough. Though I would prefer to see the hoopla and party hats on CNBC with "DOW Hits 15,000" flashing on the screen. May 8th to 10th would be ideal, but I'm more interested in the price than the timing.
14887 not near enough?
I still think the dollar is tracking a pattern to head much higher as posted awhile ago on the Swing Waves board. I don't know how far the dollar might pull back on this current move, but I think it's reasonably likely it will be over 85 in the next 2 to 4 months. I'm not sure how it will fit in with gold or the dollar, but the DOW should make a multi-generational top at or near the 15,000 level.
Kimston
#6
dougie
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Posted 18 April 2013 - 01:36 AM
lets see the character of the decline going forward here
#7
senorBS
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Posted 30 April 2013 - 07:52 PM
dollar after that deep retrace norte made new lows below April 16 lows, muy importante here as either tres wave south is underway or a C wave bottoms soon, me instincts say tres wave south of the border, also muy bullish reversal day in miners afte the NEM earnings selloff, interesting times
Senor
#8
Kimston
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Posted 30 April 2013 - 09:51 PM
dollar after that deep retrace norte made new lows below April 16 lows, muy importante here as either tres wave south is underway or a C wave bottoms soon, me instincts say tres wave south of the border, also muy bullish reversal day in miners afte the NEM earnings selloff, interesting times
Senor
Anything is possible, but I would get more interested in a down trend in the dollar if we break the .618 and .786 ret from the lows. For the moment, we haven't even had .5 pullback. Also, the DOW is within spittin' distance of the big 15,000 target that has a high probability of being muy importante. Dollar cycles point up after mid May in my work.
Kimston
Edited by Kimston, 30 April 2013 - 09:53 PM.
#9
Kimston
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Posted 10 May 2013 - 10:55 AM
Could be near enough. Though I would prefer to see the hoopla and party hats on CNBC with "DOW Hits 15,000" flashing on the screen. May 8th to 10th would be ideal, but I'm more interested in the price than the timing.
14887 not near enough?
I still think the dollar is tracking a pattern to head much higher as posted awhile ago on the Swing Waves board. I don't know how far the dollar might pull back on this current move, but I think it's reasonably likely it will be over 85 in the next 2 to 4 months. I'm not sure how it will fit in with gold or the dollar, but the DOW should make a multi-generational top at or near the 15,000 level.
Kimston
Well, we're in the 8th to 10th window and made it to DOW 15,000 and change. I don't know for sure if the fat lady is singing, but I believe she is at least clearing her throat. As of yesterday morning I've completed my accumulation of short ETFs and Jan/Jun 2014 puts on indexes. Stop out is 15,300 basis cash DJIA. I've posted some updates on Swing Waves.
Kimston
#10
Kimston
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Posted 10 May 2013 - 11:12 AM
dollar after that deep retrace norte made new lows below April 16 lows, muy importante here as either tres wave south is underway or a C wave bottoms soon, me instincts say tres wave south of the border, also muy bullish reversal day in miners afte the NEM earnings selloff, interesting times
Senor
Anything is possible, but I would get more interested in a down trend in the dollar if we break the .618 and .786 ret from the lows. For the moment, we haven't even had .5 pullback. Also, the DOW is within spittin' distance of the big 15,000 target that has a high probability of being muy importante. Dollar cycles point up after mid May in my work.
Kimston
I posted an update on dollar charts on swing waves board. If we do more consolidation in the range of the last few weeks, pretty much all the cycles I look at turn up around May 20th. Some cycle lows were due around the 9th and appear to have come in a day or two early. Still looking for much higher dollar in the second half of 2013.
Kimston
