18 replies to this topic

[johngeorge]

they marched prechter out on cnbc 2 days ago and he is expecting a dollar rally that lasts a long time. he is a fade. ben has been printing and monetizing the debt. no fiat currency in history has ever prevailed, and the dolar will be no exception
dharma

dharma

Correct me if I am wrong, but, I believe you have been calling for a turnaround in the pm's and broads for tomorrow; Thursday. Dunno if anyone could call it any closer than that.

Regards that dollar I am in your camp. Long term it looks really poor. The Euro will most likely tank big time first, though. It is a badly flawed currency, or rather should I say, imposed system. As far as I am concerned you have it right on regards Prechter as well.

Best to you.

[JGUITARSLIM]

Chart from yesterday, we saw possible Stealth Sign of Strength. Testing previous swing low on greater volume, but unable to break below it.
Stops are clear for the longs, break 37 head to mid 34s....

[dougie]

senor: may i ask: why are this am's lows critical to maintain here for a bullish position? is it becasue one can count a clean 5 waves down basis 60 minute chart on HUI since August highs? TIA

[dougie]

nice Jguitar: thankyou what are folks using to hedge who prefer not to sell juniors? DZZ longs? others?

[senorBS]

senor: may i ask: why are this am's lows critical to maintain here for a bullish position? is it becasue one can count a clean 5 waves down basis 60 minute chart on HUI since August highs?
TIA

Because if they are broken Senor smells a tres wave heading south muy rapido.

BSing away

Senor

[gvc]

Si amigo, have to have that attitude here, if this rally fails muy malo then I am out muy, muy rapido. Worth a shot for me.

BSing away

Senor

Dollar appears to be dropping again on the futures market so........perhaps the trades will work out well. Of course it is still too early to tell. I put on a starter position in UYM this am in addition to my NXG. Being just a trade I am standing next to the exit door if my trades go against me.

Best to you.

they marched prechter out on cnbc 2 days ago and he is expecting a dollar rally that lasts a long time. he is a fade. ben has been printing and monetizing the debt. no fiat currency in history has ever prevailed, and the dolar will be no exception
dharma

Pretcher's been a fade for so long (and ignored by most traders) that his latest calls may actually be worth something

[gvc]

[goldswinger]

Agreed, if the buck breaks 79 to the upside by Tomorrow or Friday, it's game over, next stop $USD 89 at least, maybe 92 cents. with corrections along the way of course...............

Can't fight against weekly indicators, if we get this break. It would mean wave 2 correction of wave 1 up has completed.

GS.

[senorBS]

Agreed, if the buck breaks 79 to the upside by Tomorrow or Friday, it's game over, next stop $USD 89 at least, maybe 92 cents. with corrections along the way of course...............

Can't fight against weekly indicators, if we get this break. It would mean wave 2 correction of wave 1 up has completed.

GS.

I agree with that.

NO BS

Senor