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Where and when does a bottom form?


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#31 senorBS

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Posted 26 January 2010 - 09:46 AM

I have some more nibble orders in well below yesterday's close since we could see a grande gap lower in gold and silver stocks. Just nibbling, most of pesos waiting for late today and tomorrow for possible serious buying. If orders filled will only be 25% long of what I will allocate for this position this week.

BSing away

Senor


got some nice fills

BSing away

Senor

#32 JGUITARSLIM

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Posted 26 January 2010 - 10:10 AM

I have some more nibble orders in well below yesterday's close since we could see a grande gap lower in gold and silver stocks. Just nibbling, most of pesos waiting for late today and tomorrow for possible serious buying. If orders filled will only be 25% long of what I will allocate for this position this week.

BSing away

Senor


got some nice fills

BSing away

Senor


Nice entry points...

#33 dougie

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Posted 26 January 2010 - 11:13 AM

well senor, minor divergences that are bullish at todays lows on 30 and 60 minute charts the low?? i remain skeptical but we should at least bounce here: nice trading!

#34 SilentOne

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Posted 26 January 2010 - 11:14 AM

hi guys, I've been nibbling this morning as well. Looking at a basket of large caps for a swing trade. The 1:1 XAU extension is 151. XAU printed 154.7 this morning. So any level down to there should hold for an intermediate swing trade. That Merriman date looks to have good potential for a turn. 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

#35 dharma

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Posted 26 January 2010 - 11:31 AM

yup , yup, yup. i hate company in this biz , but ray is good company.bottoming. 1073 from over a month ago is still holding. looking for a run @the least a good retracement. dharma

#36 senorBS

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Posted 26 January 2010 - 02:04 PM

yup , yup, yup. i hate company in this biz , but ray is good company.bottoming. 1073 from over a month ago is still holding. looking for a run @the least a good retracement. dharma


Well Dharma there is a helluva lot less company here than there was when XAU was up above 195 as I pointed out. The risk was grande then and the FF'd decline has now happened, I'm buying support I have pegged for a bueno long time. My patience in this case has paid off as i did not have to get stopped out or ride out thus big decline.

NO BS

Senor

Edited by senorBS, 26 January 2010 - 02:06 PM.


#37 dougie

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Posted 26 January 2010 - 03:59 PM

well am i the only clown who thinks more real down is still a real possibility here?

#38 senorBS

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Posted 26 January 2010 - 09:05 PM

well am i the only clown who thinks more real down is still a real possibility here?


No, though I'm long tight stops are the order of the week!

NO BS

Senor

#39 dougie

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Posted 26 January 2010 - 09:44 PM

rydex shows wholesale pukage metals, on 1/20 Precious Metals - Inv Class Date Time NAV ($) Total Assets Mil($) 01/26/2010 PM 58.66 115.77 01/25/2010 PM 59.25 117.86 01/22/2010 PM 59.84 121.41 01/21/2010 PM 60.16 120.02 01/20/2010 PM 63.50 249.59 01/19/2010 PM 66.22 261.56 01/15/2010 PM 65.73 263.09 01/14/2010 PM 67.08 271.72 01/13/2010 PM 67.66 274.01 01/12/2010 PM 66.82 270.82 01/11/2010 PM 69.48 285.60 01/08/2010 PM 69.18 283.38 01/07/2010 PM 68.05 277.71 01/06/2010 PM 68.63 279.94 01/05/2010 PM 66.74 267.04 01/04/2010 PM 66.06 263.87 12/31/2009 PM 63.74 254.20 12/30/2009 PM 63.63 254.39 12/29/2009 PM 64.15 255.08 12/28/2009 PM 64.75 258.10 12/24/2009 PM 65.10 258.95 12/23/2009 PM 64.80 260.30 12/22/2009 PM 62.87 250.97 12/21/2009 PM 62.60 246.98 12/18/2009 PM 63.25 250.90 12/17/2009 PM 62.32 249.52 12/16/2009 PM 66.02 264.54 12/15/2009 PM 65.12 262.89 12/14/2009 PM 66.28 266.44 12/11/2009 PM 65.24 263.69 12/10/2009 PM 66.34 266.38 12/09/2009 PM 66.54 265.27 12/08/2009 PM 64.86 259.06 12/07/2009 PM 67.43 267.05 12/04/2009 PM 68.58 276.02 12/03/2009 PM 72.01 289.50 12/02/2009 PM 73.84 297.38 12/01/2009 PM 72.38 291.03 11/30/2009 PM 69.36 277.30 11/27/2009 PM 69.11 278.98 11/25/2009 PM 71.96 292.50 11/24/2009 PM 69.92 277.32 11/23/2009 PM 70.17 277.60 11/20/2009 PM 68.96 274.81 11/19/2009 PM 69.52 279.88 11/18/2009 PM 69.25 276.47 11/17/2009 PM 70.01 281.50 11/16/2009 PM 69.48 277.31 11/13/2009 PM 67.08 266.44 11/12/2009 PM 65.72 257.71 11/11/2009 PM 67.65 264.62 11/10/2009 PM 67.07 260.89 11/09/2009 PM 67.09 259.52 11/06/2009 PM 64.67 250.77 11/05/2009 PM 63.65 244.08 11/04/2009 PM 63.12 242.53 11/03/2009 PM 62.66 241.06 11/02/2009 PM 58.84 220.93 10/30/2009 PM 58.10 218.38 10/29/2009 PM 60.46 227.88 10/28/2009 PM 57.49 218.20 10/27/2009 PM 60.91 242.06 10/26/2009 PM 61.80 241.75 10/23/2009 PM 64.30 253.22 10/22/2009 PM 65.05 256.76 10/21/2009 PM 65.08 258.80 10/20/2009 PM 65.03 256.99 10/19/2009 PM 66.47 263.89 10/16/2009 PM 65.70 261.16 10/15/2009 PM 65.49 259.83 10/14/2009 PM 66.72 263.26 10/13/2009 PM 66.69 263.46 10/12/2009 PM 65.42 259.02 10/09/2009 PM 65.50 259.58 10/08/2009 PM 65.98 261.20 10/07/2009 PM 64.80 255.56 10/06/2009 PM 63.87 250.53 10/05/2009 PM 59.98 238.30 10/02/2009 PM 57.84 227.03 10/01/2009 PM 58.04 213.01 09/30/2009 PM 61.06 182.86 09/29/2009 PM 60.01 182.15 09/28/2009 PM 58.53 176.78 09/25/2009 PM 58.24 199.33 09/24/2009 PM 59.16 194.93 09/23/2009 PM 60.95 200.32 09/22/2009 PM 62.97 208.81 09/21/2009 PM 61.42 217.19 09/18/2009 PM 62.14 216.41 09/17/2009 PM 63.27 168.12 09/16/2009 PM 64.85 156.07 09/15/2009 PM 63.32 147.28 09/14/2009 PM 61.71 153.85 09/11/2009 PM 62.47 147.85 09/10/2009 PM 61.46 152.79 09/09/2009 PM 59.24 144.09 09/08/2009 PM 60.52 138.17 09/04/2009 PM 59.98 144.53 09/03/2009 PM 59.25 142.26 09/02/2009 PM 56.27 136.27 09/01/2009 PM 51.79 115.83 08/31/2009 PM 53.08 118.27 08/28/2009 PM 54.24 121.20 08/27/2009 PM 53.41 121.09 08/26/2009 PM 52.35 116.65 08/25/2009 PM 53.05 116.67 08/24/2009 PM 52.85 116.02 08/21/2009 PM 53.28 118.40 08/20/2009 PM 51.97 114.08 08/19/2009 PM 51.54 114.71 08/18/2009 PM 50.94 112.32 08/17/2009 PM 50.15 110.40 08/14/2009 PM 53.04 117.12 08/13/2009 PM 54.31 120.87 08/12/2009 PM 52.49 116.85 08/11/2009 PM 51.95 116.49 08/10/2009 PM 52.83 117.33 08/07/2009 PM 54.00 120.10 08/06/2009 PM 55.09 124.64 08/05/2009 PM 55.34 122.35 08/04/2009 PM 55.39 120.81 08/03/2009 PM 55.17 120.27 07/31/2009 PM 53.30 116.41 07/30/2009 PM 51.11 112.32 07/29/2009 PM 49.60 109.08 07/28/2009 PM 51.23 112.68 07/27/2009 PM 53.33 115.48 07/24/2009 PM 53.34 114.52 07/23/2009 PM 53.29 113.63 07/22/2009 PM 52.87 113.19 07/21/2009 PM 52.82 110.29 07/20/2009 PM 53.31 112.67 07/17/2009 PM 51.33 106.87 07/16/2009 PM 50.65 106.99 07/15/2009 PM 50.21 107.66 07/14/2009 PM 47.94 103.70 07/13/2009 PM 47.03 105.09 07/10/2009 PM 45.92 102.27 07/09/2009 PM 46.01 114.49 07/08/2009 PM 45.71 191.73 07/07/2009 PM 47.38 194.73 07/06/2009 PM 47.67 195.35 07/02/2009 PM 49.95 206.54 07/01/2009 PM 51.43 211.93 06/30/2009 PM 49.64 204.24 06/29/2009 PM 51.25 210.98 06/26/2009 PM 51.40 211.11 06/25/2009 PM 52.32 215.08 06/24/2009 PM 50.02 204.83 06/23/2009 PM 48.43 200.84 06/22/2009 PM 46.59 207.16 06/19/2009 PM 50.35 226.09 06/18/2009 PM 48.96 219.25 06/17/2009 PM 50.30 224.47 06/16/2009 PM 50.67 222.00 06/15/2009 PM 50.57 230.43 06/12/2009 PM 52.68 241.68 06/11/2009 PM 54.41 252.89 06/10/2009 PM 54.43 261.12 06/09/2009 PM 54.68 259.28 06/08/2009 PM 54.50 266.87 06/05/2009 PM 54.60 260.34 06/04/2009 PM 57.01 272.87 06/03/2009 PM 55.10 266.96 06/02/2009 PM 58.44 281.49 06/01/2009 PM 57.25 275.39 05/29/2009 PM 57.72 268.73 05/28/2009 PM 55.79 259.73 05/27/2009 PM 53.26 248.43 05/26/2009 PM 54.00 251.82 05/22/2009 PM 53.88 248.33 05/21/2009 PM 53.40 247.30 05/20/2009 PM 52.78 241.78 05/19/2009 PM 50.36 227.78 05/18/2009 PM 48.90 221.27 05/15/2009 PM 48.52 218.29 05/14/2009 PM 49.11 217.16 05/13/2009 PM 48.66 216.90 05/12/2009 PM 50.52 227.16 05/11/2009 PM 48.74 202.66 05/08/2009 PM 49.16 122.96 05/07/2009 PM 47.57 119.31 05/06/2009 PM 48.16 123.15 05/05/2009 PM 45.89 121.39 05/04/2009 PM 45.66 118.78 05/01/2009 PM 42.97 108.84 04/30/2009 PM 42.58 107.10 04/29/2009 PM 43.51 107.00 04/28/2009 PM 42.38 103.63 04/27/2009 PM 43.81 107.35 04/24/2009 PM 44.47 108.42 04/23/2009 PM 42.19 104.91 04/22/2009 PM 40.69 102.91 04/21/2009 PM 40.87 145.98 04/20/2009 PM 41.09 140.08 04/17/2009 PM 40.70 172.04 04/16/2009 PM 42.13 175.19 04/15/2009 PM 44.11 183.78 04/14/2009 PM 43.68 182.07 04/13/2009 PM 44.16 185.27 04/09/2009 PM 43.03 177.72 04/08/2009 PM 42.98 178.29 04/07/2009 PM 42.91 175.83 04/06/2009 PM 42.76 177.74 04/03/2009 PM 44.49 184.16 04/02/2009 PM 47.03 201.24 04/01/2009 PM 48.51 192.66 03/31/2009 PM 46.36 160.76 03/30/2009 PM 45.72 160.12 03/27/2009 PM 46.94 163.22 03/26/2009 PM 48.02 131.42 03/25/2009 PM 47.86 136.96 03/24/2009 PM 46.51 135.92 03/23/2009 PM 47.16 131.11 03/20/2009 PM 46.41 130.33 03/19/2009 PM 46.79 135.57 03/18/2009 PM 43.79 123.52 03/17/2009 PM 40.16 107.76 03/16/2009 PM 40.82 109.94 03/13/2009 PM 41.28 109.98 03/12/2009 PM 40.74 107.77 03/11/2009 PM 39.04 105.85 03/10/2009 PM 37.47 139.23 03/09/2009 PM 39.20 140.87 03/06/2009 PM 40.74 146.84 03/05/2009 PM 40.72 153.29 03/04/2009 PM 38.78 145.60 03/03/2009 PM 38.41 141.88 03/02/2009 PM 37.50 139.92 02/27/2009 PM 40.81 154.53 02/26/2009 PM 40.98 156.33 02/25/2009 PM 40.37 152.64 02/24/2009 PM 40.93 157.44 02/23/2009 PM 44.15 172.46 02/20/2009 PM 45.22 178.01 02/19/2009 PM 43.58 174.09 02/18/2009 PM 45.79 182.72 02/17/2009 PM 45.56 180.76 02/13/2009 PM 44.66 178.98 02/12/2009 PM 45.22 180.49 02/11/2009 PM 45.10 179.91 02/10/2009 PM 41.84 166.50 02/09/2009 PM 42.89 170.96 02/06/2009 PM 44.16 180.62 02/05/2009 PM 43.30 177.58 02/04/2009 PM 42.79 172.44 02/03/2009 PM 41.82 166.58 02/02/2009 PM 41.34 167.40 01/30/2009 PM 42.76 162.23 01/29/2009 PM 43.08 164.08 01/28/2009 PM 41.33 144.26 01/27/2009 PM 41.73 145.88 01/26/2009 PM 42.54 148.02 01/23/2009 PM 42.76 146.43 01/22/2009 PM 39.38 134.79 01/21/2009 PM 39.79 137.27 01/20/2009 PM 38.61 132.29 01/16/2009 PM 39.14 135.99 01/15/2009 PM 37.17 129.20 01/14/2009 PM 35.63 121.59 01/13/2009 PM 37.88 130.40 01/12/2009 PM 36.97 131.52 01/09/2009 PM 40.00 143.52 01/08/2009 PM 40.88 148.52 01/07/2009 PM 38.76 138.75 01/06/2009 PM 42.13 150.35 01/05/2009 PM 40.76 145.37 01/02/2009 PM 42.17 149.95 12/31/2008 PM 42.14 151.24 12/30/2008 PM 41.10 145.48 12/29/2008 PM 41.46 147.21 12/26/2008 PM 40.21 144.46 12/24/2008 PM 38.16 136.03 12/23/2008 PM 38.25 138.16 12/22/2008 PM 37.45 132.40 12/19/2008 PM 38.03 135.04 12/18/2008 PM 37.79 133.86 12/17/2008 PM 40.44 117.03 12/16/2008 PM 40.36 116.33 12/15/2008 PM 36.94 105.13 12/12/2008 PM 35.24 98.68 12/11/2008 PM 34.13 94.71 12/10/2008 PM 34.24 94.09 12/09/2008 PM 30.85 89.40 12/08/2008 PM 30.66 92.34 12/05/2008 PM 28.47 83.91 12/04/2008 PM 28.20 80.42 12/03/2008 PM 29.24 82.05 12/02/2008 PM 30.24 84.64 12/01/2008 PM 28.34 78.34 11/30/2008 PM N/A N/A 11/28/2008 PM 33.20 93.83 11/26/2008 PM 32.67 93.61 11/25/2008 PM 30.71 81.36 11/24/2008 PM 30.46 78.75 11/21/2008 PM 28.48 72.51 11/20/2008 PM 22.67 57.45 11/19/2008 PM 23.41 58.58 11/18/2008 PM 25.04 63.58 11/17/2008 PM 25.41 67.02 11/14/2008 PM 26.43 70.01 11/13/2008 PM 28.03 74.36 11/12/2008 PM 24.86 61.99 11/11/2008 PM 27.77 70.43 11/10/2008 PM 30.24 76.87 11/07/2008 PM 29.00 70.84 11/06/2008 PM 28.09 68.73 11/05/2008 PM 31.09 76.99 11/04/2008 PM 32.71 82.84 11/03/2008 PM 28.39 69.38 10/31/2008 PM 28.29 69.44 10/30/2008 PM 29.23 72.54 10/29/2008 PM 27.99 69.85 10/28/2008 PM 24.84 62.47 10/27/2008 PM 22.11 55.18

Edited by dougie, 26 January 2010 - 09:47 PM.


#40 cgnx

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Posted 26 January 2010 - 11:05 PM

Hey Dougie, What does that list do for ya? I have no idea what that is.
If it can be cornered, it will.