We had lots of major brake-outs, maybe a little too much. And then again??
Best, mss
THE ROUNDING TOP
Started by
mss
, Sep 17 2005 03:39 PM
5 replies to this topic
#1
mss
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I'M WATCHING
Posted 17 September 2005 - 03:39 PM
We had lots of major brake-outs, maybe a little too much. And then again??
Best, mss
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#2
Chilidawgz
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A fool and his money... (the second mousie gets the cheese)
Posted 17 September 2005 - 04:18 PM
Possible ABC projection and two pitchforks meeting at 1610 or so, NDX.
Oopsay... did not see this in the gold forum, duh!
Oopsay... did not see this in the gold forum, duh!
Edited by Chilidawgz, 17 September 2005 - 04:21 PM.
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#3
mss
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I'M WATCHING
Posted 17 September 2005 - 04:46 PM
Nice chart and I thank you. 
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
#4
jmicou
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Posted 17 September 2005 - 09:21 PM
Thought this area might create a consolidation or pullback. Not confident of it.
regards,
jmicou
#5
bobalou
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Posted 18 September 2005 - 08:04 AM
if this is real. it should keep going.it had to get the shorts bad...silver ???also has to get going.anyway I'm moving my stops up...but..the vol is very good......
#6
SilentOne
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Posted 18 September 2005 - 08:27 AM
Friday's action says gold is going to $480ish in short order. From there it could get quite volatile. I think gold will press its case until $500 resistance is tested before year end.
It will be interesting to see what the HUI/XAU does in the next week. A clean breakout to new highs would be very bullish. One can simply watch the XAU 111 level, as a breech on Monday would confirm the breakout. I can't see it a false breakout setting up here.
Here is Hamilton's latest on the HUI.
Bullish HUI Technicals
cheers,
john
It will be interesting to see what the HUI/XAU does in the next week. A clean breakout to new highs would be very bullish. One can simply watch the XAU 111 level, as a breech on Monday would confirm the breakout. I can't see it a false breakout setting up here.
Here is Hamilton's latest on the HUI.
Bullish HUI Technicals
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
