readjusting my thinking here. only in sell mode, lightening in trading account only, no buying. we are in september and it looks like the broad market is in a topping mode, if so and it starts down, that sucking sound will temporarily put a damper on old yellers climb. and imho will create a buying opportunity.
dharma
pressure is off
Started by
dharma
, Aug 21 2009 09:52 AM
50 replies to this topic
#42
senorBS
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Posted 01 September 2009 - 12:14 PM
readjusting my thinking here. only in sell mode, lightening in trading account only, no buying. we are in september and it looks like the broad market is in a topping mode, if so and it starts down, that sucking sound will temporarily put a damper on old yellers climb. and imho will create a buying opportunity.
dharma
hmmm, welcome aboard amigo. XAU sitting on muy importante support.
Senor
#43
dougie
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Posted 01 September 2009 - 01:13 PM
took profits on commodity funds this am
tooearly i am sure
#44
dharma
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Posted 01 September 2009 - 01:38 PM
my cycle for gold tops the 18th of september, fwiwtook profits on commodity funds this am
tooearly i am sure
i have thought for quite a while that oct/nov period would provide a great buying opportunity.
so, i am mentally prepared for that occurrence.
1k is the max i see here
dharma
#45
senorBS
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Posted 01 September 2009 - 06:20 PM
my cycle for gold tops the 18th of september, fwiwtook profits on commodity funds this am
tooearly i am sure
i have thought for quite a while that oct/nov period would provide a great buying opportunity.
so, i am mentally prepared for that occurrence.
1k is the max i see here
dharma
I think it will, 110 is XAU level I would prefer to see it to load the aircraft carriers.
NO BS
Senor
#46
dharma
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Posted 02 September 2009 - 08:52 AM
may lighten some more today70%long in ta. dharma
#47
dharma
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Posted 02 September 2009 - 10:54 AM
not doing a thing
gold right @the bust out of the triangle or pennant
dharma
#48
dougie
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Posted 02 September 2009 - 02:40 PM
gld has broken that triangle: you tinkin it is a fake out: volume surging accross the baord
#49
dharma
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Posted 02 September 2009 - 02:48 PM
yes, butt if one steps back to the highs of 3/08 and draws a line from that high to the next high , we have not broken through the larger triangle .........yetgld has broken that triangle: you tinkin it is a fake out: volume surging accross the baord
dharma
#50
dougie
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Posted 02 September 2009 - 06:05 PM
right you are Dharma thanks
another couple % higher maybe all we can mange before mid month
