being bearish in a bull market is costly
i am beginning to think that the broad market may in some cyclical bull as well.
are the broads signaling inflation?
any opinions.
dharma
new highs for xau/hui for this leg of the move
Started by
dharma
, Aug 04 2009 10:38 AM
23 replies to this topic
#2
JGUITARSLIM
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Posted 04 August 2009 - 11:22 AM
I agree. FEDS gonna do what ever they can to create inflation.
I became more bullish as soon as the buck broke 78.
Trading GDX, been holding handful of juniors.
#3
dougie
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Posted 04 August 2009 - 12:09 PM
i agree> many caught flat footed here imo
#4
dharma
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Posted 04 August 2009 - 01:58 PM
xau/hui w/hourly divergences from overbought. i think we correct for a few days here
dharma
#5
dougie
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Posted 05 August 2009 - 03:11 AM
just a few days: could be a more important turn here or tooearly?
#6
dharma
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Posted 05 August 2009 - 09:12 AM
@this point in my short term cycle its too early for the top, a top yes. however it is possible that the longer term cycles are exerting downside pressure, but i doubt it. i am a buyer of issues that get oversold and divergejust a few days: could be a more important turn here or tooearly?
dharma
#7
dharma
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Posted 05 August 2009 - 02:24 PM
seems to me that few believe the gold move! the short cycles are up into mid sept.@this point in my short term cycle its too early for the top, a top yes. however it is possible that the longer term cycles are exerting downside pressure, but i doubt it. i am a buyer of issues that get oversold and divergejust a few days: could be a more important turn here or tooearly?
dharma
i like the quiet here. it is revealing
the dollar no matter what your bent on analysis is toast
auctions for debt will be larger and larger and in a contracting world economy.
i dont know much, but it is glaring that the dollar is toast. yes there will be rallies, its natural
but, the trend is in motion
dharma
here is rothschild laying out the game plan
http://www.youtube.c...feature=related
#8
dharma
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Posted 05 August 2009 - 02:25 PM
ooops
dharma
Edited by dharma, 05 August 2009 - 02:25 PM.
#9
dougie
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Posted 05 August 2009 - 02:32 PM
"seems to me that few believe the gold move! the short cycles are up into mid sept." you meant seems to me quite a few DONT beleive" right?
I concur. juniors are acting very well, in the past this action preceded a real drop...am i too conditioned
#10
dharma
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Posted 05 August 2009 - 03:26 PM
fwiw, this is my take as well the market gets us to learn lessons and when we learn em, it does something else. its why i remain 80-85% long even if i expect a correction. @some point this market will go vertical. and i want to be on board in a meaningful way"seems to me that few believe the gold move! the short cycles are up into mid sept." you meant seems to me quite a few DONT beleive" right?
I concur. juniors are acting very well, in the past this action preceded a real drop...am i too conditioned
dharma
