GDX:c of B of ? or 1 up complete
Started by
dougie
, Jan 11 2010 10:50 AM
46 replies to this topic
#11
JGUITARSLIM
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Posted 12 January 2010 - 01:23 PM
Coming up on 1119 Fast...
#12
senorBS
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Posted 12 January 2010 - 02:34 PM
none of that st support held
we may get a real test now of the recent run. convincing wave 2? or is this C down?
I got my GDXJ stops in place.
Senor
#13
dharma
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Posted 12 January 2010 - 03:42 PM
stepping up my buying.
i had doubled up on wesdome and today john embry came out and reco it! yes, you are correct john this is a winner
http://watch.bnn.ca/...2010#clip254512
dharma
i had doubled up on wesdome and today john embry came out and reco it! yes, you are correct john this is a winner
http://watch.bnn.ca/...2010#clip254512
dharma
#14
johngeorge
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Posted 13 January 2010 - 06:46 AM
dharma
I bought a 1 ounce American Eagle gold coin yesterday..........last one the local coin dealer had. So maybe we have seen the top for this rally? Also bought TGLDX and put it away in my IRA. Gold is a long term winner. As you have consistently stated; "be patient".
Best to you
I bought a 1 ounce American Eagle gold coin yesterday..........last one the local coin dealer had. So maybe we have seen the top for this rally? Also bought TGLDX and put it away in my IRA. Gold is a long term winner. As you have consistently stated; "be patient".
Best to you
stepping up my buying.
i had doubled up on wesdome and today john embry came out and reco it! yes, you are correct john this is a winner
http://watch.bnn.ca/...2010#clip254512
dharma
Peace
johngeorge
johngeorge
#15
dharma
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Posted 13 January 2010 - 10:35 AM
finishing my buying.
wave 2s correct .618 of 1 is quite normal.
dharma
#16
JGUITARSLIM
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Posted 13 January 2010 - 08:23 PM
finishing my buying.
wave 2s correct .618 of 1 is quite normal.
dharma
Did some more buying as well, now 75% long GDXJ.
We tested 1119 today on lighter hourly volume and got the spring, albeit low volume bounce.
AH over ~1138 resistance.
Would like to see that RED LINE hold & get going to the upside...
Edited by JGUITARSLIM, 13 January 2010 - 08:27 PM.
#17
senorBS
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Posted 14 January 2010 - 09:47 AM
Muy tight stop, I don't like the el weako trading so far, uno more chance to rally norte or this hombre will adios muy rapido.
BSing away
Senor
#18
senorBS
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Posted 14 January 2010 - 10:21 AM
Senor now flat, will watch.
NO BS
Senor
#19
SilentOne
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Posted 14 January 2010 - 12:46 PM
Precious metals are headed lower. I'm not sure when we get confirmation of the next leg down, but it is not far away. I don't think the HUI can rally again to the 467 level again (and if it does it will likely fail once more), either way that will be all she wrote until the next cycle low.
cheers,
john
"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
#20
Tor
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Posted 14 January 2010 - 02:09 PM
I fully and wholeheartedly agree john, bearish candle here.Precious metals are headed lower. I'm not sure when we get confirmation of the next leg down, but it is not far away. I don't think the HUI can rally again to the 467 level again (and if it does it will likely fail once more), either way that will be all she wrote until the next cycle low.
cheers,
john
When will you see the next low?
I think maybe late october?
Good trading.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
