http://bigcharts.mar...&mocktick=1.gif
GLD - KEY REVERSAL DAY
Started by
SemiBizz
, Aug 04 2011 09:53 PM
5 replies to this topic
#1
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 04 August 2011 - 09:53 PM
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
#2
jjc
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Posted 04 August 2011 - 10:35 PM
Someone otta teach those living in asia how to read a chart.
Price is up.
#3
Rogerdodger
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- TT Member*
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Posted 04 August 2011 - 10:36 PM
Dollar and bonds the next bursting bubble?
Maybe somebody had to come up with cash to cover losses.
Maybe Barton Biggs.
http://stockcharts.c...4129&r=1217.png
Maybe somebody had to come up with cash to cover losses.
Maybe Barton Biggs.
http://stockcharts.c...4129&r=1217.png
Edited by Rogerdodger, 04 August 2011 - 10:48 PM.
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#4
SemiBizz
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Volume Dynamics Specialist
Posted 04 August 2011 - 10:41 PM
Yep, gotta expect a bounce after a 40 pt drop.
But this low gets tested.
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
#5
jjc
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Posted 05 August 2011 - 12:16 AM
Yep, gotta expect a bounce after a 40 pt drop.
But this low gets tested.
I'm a tiny bit short on GC... Watching and sweating (not about my position but the amount of soon to be useless USD I'm holding).
China plans a levered vehicle on the spot price of Gold, CME plans a future contract on renbimbi (mid aug), battle lines being drawn.
Edited by jjc, 05 August 2011 - 12:21 AM.
#6
CHAx
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Posted 05 August 2011 - 06:50 AM
Guys, big picture here:
if the ECB is not bailing out the Italian banks by Monday morning we are going to have a European style Lehman/AIG contagion. Hedge your equities bets and gold positions accordingly. I suspect printing is the ONLY solution that is feasible with so little time for the central bankers to avoid systemic collapse.
