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GDX:c of B of ? or 1 up complete


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#31 dharma

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Posted 19 January 2010 - 12:36 PM

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

#32 senorBS

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Posted 19 January 2010 - 07:29 PM

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


Senor is not bearish, I am allowing for more correction but I have to say I would not be surprised if there was no more importante south of border trading. I think I will allow for a low into that later Jan time frame and will possibly add longs to my junior only position.

BSing away

Senor

#33 senorBS

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Posted 20 January 2010 - 08:40 AM

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


Senor is not bearish, I am allowing for more correction but I have to say I would not be surprised if there was no more importante south of border trading. I think I will allow for a low into that later Jan time frame and will possibly add longs to my junior only position.

BSing away

Senor



Gold going south this morning, Senor would love to see a big decline into Jan 26-Jan 28, just watchin.

BSing away

Senor

#34 senorBS

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Posted 20 January 2010 - 10:03 AM

Unless a miracle reversal happens today XAU down to 155 at a minimum is Senor's FF. BSing away Senor

#35 SilentOne

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Posted 20 January 2010 - 10:06 AM

US Dollar is strong this morning. Gonna have to be very careful on all the short dollar/long commodity plays going forward. Major volatility going forward. Short term trade it or leave it alone IMO. ;) 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

#36 senorBS

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Posted 20 January 2010 - 10:10 AM

US Dollar is strong this morning. Gonna have to be very careful on all the short dollar/long commodity plays going forward. Major volatility going forward. Short term trade it or leave it alone IMO. ;)

cheers,

john



dollar headed norte to 80-81 at a minimum in Senor's opinion.

BSing away

Senor

#37 senorBS

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Posted 20 January 2010 - 10:10 AM

US Dollar is strong this morning. Gonna have to be very careful on all the short dollar/long commodity plays going forward. Major volatility going forward. Short term trade it or leave it alone IMO. ;)

cheers,

john



dollar headed norte to 80-81 at a minimum in Senor's opinion.

BSing away

Senor

#38 dougie

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Posted 20 January 2010 - 11:33 AM

http://stockcharts.com/c-sc/sc?s=$HUI...13579&r=964

Edited by dougie, 20 January 2010 - 11:33 AM.


#39 senorBS

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Posted 22 January 2010 - 09:26 AM

by the way dougie kudos to you for your keen eye and broaching the idea that the rally was a wave c of b - beautiful work. NO BS Senor

#40 dougie

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Posted 22 January 2010 - 11:31 AM

thanks senor even a blind squirrel...: