46 replies to this topic

[spvies]

This is what I'm thinking.

http://stockcharts.com/h-sc/ui?s=$HUI...8&listNum=1

What is your current cycle work saying Silent One? Thanks

Down into Tuesday (Jan 26?) for a ST cycle low, and then a rally into a March high? PMs look bearish for the moment on technicals.

Difficult on the ST moves, but Merriman has a turn Jan. 26/27 for precious metals and this would also coincide with a ST (5.5 week low) for crude oil. No big bets here this week for me.

cheers,

john

i have the same date as merriman. looking for liftoff any time now. went on margin . rare , very rare occurrence for me. time has become very compressed.
this is a very interesting and relevant study. http://decisionpoint.../MCCLELLAN.html
different cycles for gold. stalking only juniors. dharma

[spvies]

This is what I'm thinking.

http://stockcharts.com/h-sc/ui?s=$HUI...8&listNum=1

What is your current cycle work saying Silent One? Thanks

Down into Tuesday (Jan 26?) for a ST cycle low, and then a rally into a March high? PMs look bearish for the moment on technicals.

Difficult on the ST moves, but Merriman has a turn Jan. 26/27 for precious metals and this would also coincide with a ST (5.5 week low) for crude oil. No big bets here this week for me.

cheers,

john

i have the same date as merriman. looking for liftoff any time now. went on margin . rare , very rare occurrence for me. time has become very compressed.
this is a very interesting and relevant study. http://decisionpoint.../MCCLELLAN.html
different cycles for gold. stalking only juniors. dharma

All in....

[dougie]

nice trade set up and to think i questioned your chart, BUT someone wants this thing to go down, look at the selling volume after any advance institutional?

[spvies]

nice trade set up and to think i questioned your chart, BUT someone wants this thing to go down, look at the selling volume after any advance
institutional?

I'm looking at a bounce. If we can take out $hui 416, then we'll know that this was only a correction and the trend should resume. The daily moving averages will provide resistance.

[dougie]

spvies: that late day selling climax have you worried?

[spvies]

spvies: that late day selling climax have you worried?

Yes. 35% correction so far. Has the ABC morphed into an impulsive down?

[dougie]

i think so. this could get ugly fast