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gold in a pennant (Part 2)


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#31 dharma

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Posted 23 April 2010 - 10:33 AM

today is my date, and gold popped a woody! this stuff never fails to amaze me! something ugly is about to rear its head
think there is no inflation? check out this chart!
http://www.businessi...26-years-2010-4
dharma


Another amazing call! Your work is invaluable to this board. Thanks for sharing...

thanks jguitarslim, i see this action since the 2/5 lows as a series of 1-2's and this should be 3of 3(of this wave) right here . looking for new highs. and then a larger correction, ie 2of 3
dharma

#32 senorBS

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Posted 23 April 2010 - 11:07 AM

today is my date, and gold popped a woody! this stuff never fails to amaze me! something ugly is about to rear its head
think there is no inflation? check out this chart!
http://www.businessi...26-years-2010-4
dharma


Another amazing call! Your work is invaluable to this board. Thanks for sharing...

thanks jguitarslim, i see this action since the 2/5 lows as a series of 1-2's and this should be 3of 3(of this wave) right here . looking for new highs. and then a larger correction, ie 2of 3
dharma


Just not impressed with mining stocks here, maybe they catch fire or maybe it's a warning. Relaxing and sipping Margs.

NO BS

Senor

#33 dharma

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Posted 23 April 2010 - 11:17 AM

today is my date, and gold popped a woody! this stuff never fails to amaze me! something ugly is about to rear its head
think there is no inflation? check out this chart!
http://www.businessi...26-years-2010-4
dharma


Another amazing call! Your work is invaluable to this board. Thanks for sharing...

thanks jguitarslim, i see this action since the 2/5 lows as a series of 1-2's and this should be 3of 3(of this wave) right here . looking for new highs. and then a larger correction, ie 2of 3
dharma


Just not impressed with mining stocks here, maybe they catch fire or maybe it's a warning. Relaxing and sipping Margs.

NO BS

Senor

well the xau/hui above all the ma's that i watch on the hourly charts.
i am making $$$ and that is all i am trying to do.
@some point in this process, mining will be seen as a viable profitable biz.
when that is i dont know
but , impressed in my brain is 9/10 months after gold topped in 80 the miners tacked on another 30/40% in price appreciation.
i can wait!
dharma

#34 JGUITARSLIM

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Posted 23 April 2010 - 01:03 PM

Chart from Bob Hoye. Similarities worth taking note...

http://www.321gold.c...oye042310/1.gif

#35 jonbear

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Posted 24 April 2010 - 05:09 PM

mgh peering out of the top of the pennant. also, it is above its maverages.
could be ready to rumble
i love when stocks give you time to accumulate
dharma


A positive for Minco Silver and/or Gold ?
"The Auction for The Sunshine"
http://www.321gold.c...arty042310.html

#36 dharma

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Posted 26 April 2010 - 09:40 AM

1153 is now support. we are in some congestion here, and it may lull one to sleep. but, i am looking for new highs. next up 1168,1183. i am positioned and not doing a thing. not even pushing the jello around my plate. patience grasshopper. dharma big pennant in mgh i am chok a blok there

#37 johngeorge

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Posted 26 April 2010 - 05:23 PM

1153 is now support. we are in some congestion here, and it may lull one to sleep. but, i am looking for new highs. next up 1168,1183. i am positioned and not doing a thing. not even pushing the jello around my plate.
patience grasshopper.
dharma
big pennant in mgh
i am chok a blok there


dharma

Thanks for the updates. No jello for me, but, my afternoon nap was good. :yes:

Best to you.
Peace
johngeorge

#38 dharma

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Posted 27 April 2010 - 10:21 AM

we are approaching breakout here!1168 and then 1183

#39 dougie

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Posted 27 April 2010 - 11:59 AM

miners not following but rather being taken down with the broads

#40 johngeorge

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Posted 27 April 2010 - 01:00 PM

miners not following but rather being taken down with the broads



dougie

I been noticing that today as well. FWIW looks like it could be setting up for another IT buy opportunity if the PM stocks continue the decline.
Peace
johngeorge