24 replies to this topic

[senorBS]

is getting close in metals sector amigos. if long maybe tighten those stops mucho. PURE BS Senor

[goldfungus]

is getting close in metals sector amigos. if long maybe tighten those stops mucho.

PURE BS

Senor

I was loaded for this last push but I think we may be in for one more deflationary scare.

[johngeorge]

That nose (knows) has an excellent long term record. At least as long as I have been on this board. Thanks for your heads up Senor.

[senorBS]

That nose (knows) has an excellent long term record. At least as long as I have been on this board.

Thanks for your heads up Senor.

I may be wrong, who knows, but what Senor sees now usually means an importante top is near. Maybe different this time?

BSing away

Senor

[dharma]

yes, i agree w/you by friday this top will be in. this cycle has extended time wise. we have come through the top of the pennant in xau/hui on the hourly charts and taken out resistance in gold(925-935). it may run a bit until friday . just my 2c dharma

[cgnx]

Top? Gold should at least retest the all time high. Minimum. Gold is more near a bottom than a top. Mark my words.

[tradesurfer]

there will be no top until april 17th 2009, the Marty Armstrong cycle point. at that time gold price should be near 1250 and the mining stocks will be at their old all time highs. this case is supported by the very large inverse head and shoulders patterns we are seeing on mining indices. mining earnings late NEXT WEEK. we may do a short term top on the earnings... pull back to neckline support after that and THEN resume higher to challenge all time highs.

[dougie]

what are you seeing Senor if i may ask? the juniors aare running hard this am, and indeed sometimes, (most of the time_ that has been a chance for profit taking to be sure. but i see little interest in the sector

[dougie]

one view of things:
http://stockcharts.com/h-sc/ui?s=$HUI...amp;a=161175417

[dharma]

there will be no top until april 17th 2009, the Marty Armstrong cycle point.

at that time gold price should be near 1250 and the mining stocks will be at their old all time highs.

this case is supported by the very large inverse head and shoulders patterns we are seeing on mining indices.

mining earnings late NEXT WEEK. we may do a short term top on the earnings... pull back to neckline support after that and THEN resume higher to challenge all time highs.

i hope you are correct. that would be sweet
dharma