26 replies to this topic

[leocleoc]

eom

[JGUITARSLIM]

This should have been renamed..."Gold broke out of a pennant"

[inamosa]

Test of the highs coming, IMHO...it's nearby destiny Will probably pull back after first stab at highs (38 retrace) and then push through All within a matter of weeks, I think

[JGUITARSLIM]

Test of the highs coming, IMHO...it's nearby destiny

Will probably pull back after first stab at highs (38 retrace) and then push through

All within a matter of weeks, I think

I concur....test seems inevitable. Thinking we may see marginal new highs in May, possibly around 1275 or so.
Then typical summertime pullback/consolidation. Though I'm not expecting a huge pullback like others.
I may be wrong, but I think we've seen the lows for the year already.

Edited by JGUITARSLIM, 27 April 2010 - 08:48 PM.

[dharma]

Test of the highs coming, IMHO...it's nearby destiny

Will probably pull back after first stab at highs (38 retrace) and then push through

All within a matter of weeks, I think

I concur....test seems inevitable. Thinking we may see marginal new highs in May, possibly around 1275 or so.
Then typical summertime pullback/consolidation. Though I'm not expecting a huge pullback like others.
I may be wrong, but I think we've seen the lows for the year already.

i base my assumptions on cycles, which could change to a different harmonic. so, my call for new highs by may is based on the 2yr cycle which tops in even #rd years the 1st 1/2 of the year. then looking @the pattern, gold consolidates for up to 18 month. i think that it will not consolidate for 18 months but there will be a consolidation. which i think 1k gets tested. unfortunately for all of us , that piece i posted earlier today bernake admitted to monetizing the debt. and this i am afraid will be the mo . no one will be allowed to fail. i dont want to split hairs, i want to be long and remain a high % long. the market will no doubt do all kinds of things to make me uncomfortable. BUTT, i will be a tick on the bulls back. its where the most money is made. i have the psychology to be able to do that. what do i know? once we are in the parabolic pullbacks will be almost non existent. and i do expect volatility to increase. we all have to pick our poison. one thing is clear this is the place to be. and this board will be infiltrated w/newbies(not looking foward to that)
dharma

[johngeorge]

and this board will be infiltrated w/newbies(not looking foward to that)

dharma

I am a ridin' this bull right along with you 'cause Blackhawk Ben has told me to.

Best to you.

[dharma]

and this board will be infiltrated w/newbies(not looking foward to that)

dharma

I am a ridin' this bull right along with you 'cause Blackhawk Ben has told me to.

Best to you.

yes he has!
and the eu if it survives, will have no choice but to do the same
the monetary authorities have few choices.
i will ride this horse until it fully expresses itself
the metal will be the easier ride
the shares are fraught w/dangers. there will be confiscation
and the chavez situation should be watched carefully.
s.america has found freedom , and the move
towards nationalization could spread.
dharma

[dougie]

nice pick MGH Cheapeake dead money for a while dharma?

[dharma]

nice pick MGH
Cheapeake dead money for a while dharma?

its a matter of perspective dougie
as they continue to develop their property, it becomes more and more appealing
their ceo sits on the board of gg.
so, i am sure he gives them word of their discoveries and progress.
dead money, nahhhhhhh an ace in the hole.
this will be taken over
dharma

[dharma]

xau/hui making up for yesterday! gg reports today dharma