Jump to content



Photo

Where and when does a bottom form?


  • Please log in to reply
62 replies to this topic

#41 senorBS

senorBS

    Member

  • TT Member+
  • 10,965 posts

Posted 27 January 2010 - 09:35 AM

Buying this weakness, now 50% long. PURE BS Senor

#42 dharma

dharma

    Member

  • Traders-Talk User
  • 9,621 posts

Posted 27 January 2010 - 10:56 AM

if this is the bottom, it is really stretching out on xau/hui. hourly divergences are holding. feeling uncomfortable i have nothing in feb alot of action in march i will bail on trades if need be. gold still holding 1073 low of over a month ago, but its a slippery slope. no traction. dharma

#43 dougie

dougie

    Member

  • Traders-Talk User
  • 9,064 posts

Posted 27 January 2010 - 11:01 AM

yes, strange bottoming action but sentiment is getting there BPGDM is way low rydex capitulated hourly mild divergences one more flsuh to 375?

#44 senorBS

senorBS

    Member

  • TT Member+
  • 10,965 posts

Posted 27 January 2010 - 11:21 AM

yes, strange bottoming action but
sentiment is getting there
BPGDM is way low
rydex capitulated


hourly mild divergences


one more flsuh to 375?



Hard to say. I'm comfortable with what I have and will watch closely with stops.

Senor

#45 senorBS

senorBS

    Member

  • TT Member+
  • 10,965 posts

Posted 27 January 2010 - 12:56 PM

exited for very small loss, may go back in but not now. BSing away Senor

#46 senorBS

senorBS

    Member

  • TT Member+
  • 10,965 posts

Posted 27 January 2010 - 01:20 PM

Senor's next target for a bottom is HUI 375 and GDX 40.50. BS all the way Senor

#47 dougie

dougie

    Member

  • Traders-Talk User
  • 9,064 posts

Posted 27 January 2010 - 01:29 PM

yep out is mart here: this whole deal could get really ugly b4 it is all over. i am beginning to feel like the light at the end of a tunel is a train

#48 dougie

dougie

    Member

  • Traders-Talk User
  • 9,064 posts

Posted 27 January 2010 - 02:28 PM

how LOW can SHE go??? HUI 359 looks like a nice target too

#49 senorBS

senorBS

    Member

  • TT Member+
  • 10,965 posts

Posted 27 January 2010 - 02:57 PM

Trading, back in GDXJ under 23.30, stop under session low. NO BS Senor

#50 dougie

dougie

    Member

  • Traders-Talk User
  • 9,064 posts

Posted 27 January 2010 - 03:11 PM

you are persistent: one of these days we may get a low....