Worth a look, this is a valid possibility. may not happen but should be considered. If one believes the stock market might be ending a bear market rally this count in Senor's opinion needs to be evaluated.
http://www.kitco.com.../nov052009.html
NO BS
Senor
A bearish Gold take
Started by
senorBS
, Nov 08 2009 11:56 AM
18 replies to this topic
#2
goldswinger
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Posted 08 November 2009 - 05:06 PM
Worth a look, this is a valid possibility. may not happen but should be considered. If one believes the stock market might be ending a bear market rally this count in Senor's opinion needs to be evaluated.
http://www.kitco.com.../nov052009.html
NO BS
Senor
Now, that would be good permabull medicine!! I am on this count...as the buck heads to 92+....
GS.
#3
senorBS
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Posted 08 November 2009 - 05:18 PM
Worth a look, this is a valid possibility. may not happen but should be considered. If one believes the stock market might be ending a bear market rally this count in Senor's opinion needs to be evaluated.
http://www.kitco.com.../nov052009.html
NO BS
Senor
Now, that would be good permabull medicine!! I am on this count...as the buck heads to 92+....
GS.
Hola GS, a part of me muy mucho wants this possible count to be the right one as it would eventually represent the buy of the century IMHO. One needs to ask whether gold is leading the XAU and silver which keep not confirming on a grande scale, or is gold on its last legs? Senor has no bueno answers for now but mucho questions, only have a few juniors and 90% in cash. So many bulls and bullish commercials and such make Senor muy nervous, a good time to be careful.
Bsing away
Senor
#4
goldswinger
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Posted 08 November 2009 - 05:52 PM
Worth a look, this is a valid possibility. may not happen but should be considered. If one believes the stock market might be ending a bear market rally this count in Senor's opinion needs to be evaluated.
http://www.kitco.com.../nov052009.html
NO BS
Senor
Now, that would be good permabull medicine!! I am on this count...as the buck heads to 92+....
GS.
Hola GS, a part of me muy mucho wants this possible count to be the right one as it would eventually represent the buy of the century IMHO. One needs to ask whether gold is leading the XAU and silver which keep not confirming on a grande scale, or is gold on its last legs? Senor has no bueno answers for now but mucho questions, only have a few juniors and 90% in cash. So many bulls and bullish commercials and such make Senor muy nervous, a good time to be careful.
Bsing away
Senor
Agreed Senor and I made this point before , there are tons of opportunities out there besides yellow stuff.... Nat Gas for instance long and short...hey by the way, take a look at the goldollar chart, there are good insights to be gained by understanding it....
Ojala y baje, then it will be the buy of the century as you said. Until then I am spending my trading efforts in other endeavors....
GS.
#5
dougie
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Posted 08 November 2009 - 06:17 PM
NEM and ABX are resuming their leadership roles here. nothing bearish about that is there?
#6
senorBS
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Posted 08 November 2009 - 06:51 PM
NEM and ABX are resuming their leadership roles here. nothing bearish about that is there?
If you say so amigo.
Senor
#7
IndexTrader
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Posted 08 November 2009 - 07:34 PM
Senor:
What's the bullish count here? What if this count you have linked to does not materialize?
IT
#8
SilentOne
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Posted 08 November 2009 - 08:10 PM
Still waiting for that 56 week cycle low. Where is it? Oh it's come and gone. Ok whatever. 
That cycle low I refer to is marked by gold returning to the 50 and/or 65 week moving average. Like clock work. And if gold doesn't see those averages now or in the next few weeks, then it happens sometime next year. I don't bet against it. It has been golden.
cheers,
john
That cycle low I refer to is marked by gold returning to the 50 and/or 65 week moving average. Like clock work. And if gold doesn't see those averages now or in the next few weeks, then it happens sometime next year. I don't bet against it. It has been golden.
cheers,
john
Edited by SilentOne, 08 November 2009 - 08:13 PM.
"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
#9
senorBS
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Posted 08 November 2009 - 10:15 PM
Senor:
What's the bullish count here? What if this count you have linked to does not materialize?
IT
Grande Tres wave norte, 1500 on the way. Senor is not saying the B wave is the right one, only that it merits consideration.
BSing away
Senor
#10
dharma
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Posted 08 November 2009 - 10:43 PM
yup! guys who see that count have missed the move. and will continue to wait for lollipops and rainbows. prechter is bullish on the dollar, that should be your 1st clue! the us fed is stuck between rising unemployment and tenuous biz conditions. and on the other side the feds counterparts are ready to give rates a nudge. sure the dollar will rally, and until other wise 80 was big support and will serve as the ceiling.Senor:
What's the bullish count here? What if this count you have linked to does not materialize?
IT
Grande Tres wave norte, 1500 on the way. Senor is not saying the B wave is the right one, only that it merits consideration.
BSing away
Senor
i do think when 1of 3 finishes, we will have a larger correction. it remains to be seen how fast the far east jettisons its dollars for gold and @what price . india and sri lanka were willing to pay 1045 for 2000 tonnes. that is quite a statement in this small sector. the world around us is making statements and we can avoid recognizing them and miss the move. and i am quite certain most will miss it and or not be able to sit on its back! its the way it is . big names, famous traders, got out @425 in 79 too high too fast, its going to correct. i had 3 accountsw/sinclair and he got me out @425-thats fact! no bull! the fact is the major cycle bottomed last year oct. i sold 15% on friday , i am trading. and if i miss this 15%its all i am going to miss. i am a tick on this bulls back! and i will sit until we are well into the parabolic. it may be , and i am open to this possibility that the shares will not perform as well as the metal. i never thought silver would keep pace w/gold and i have stated a # of times on another board. no central bank holds silver.
so, this may be a bull in gold the metal and the miners may get dragged along to a certain extant. for sure we are having cb participation in this market. and it would not surprise me to see spain , greece, and portugal part w/some of theirs. these countries are strapped for cash and their economic blunders are putting them in the poor house. the world is shifting and it is happening quite rapidly. look @ireland and iceland! any way , i do my own work and draw my own conclusions. and i say . i ride , until way into the parabolic. jesse said he made the most by sitting. and sit i will
dharma
finishing 1of 3 here or thereabouts and then 3 of 3.
