Jump to content



Photo

above 1358 indicates...............


  • Please log in to reply
177 replies to this topic

#31 johngeorge

johngeorge

    Member

  • TT Member+
  • 4,616 posts

Posted 13 February 2011 - 03:23 PM

IMF Managing Director Dominique Strauss-Kahn Calls for Strengthening the International Monetary SystemPress Release No. 11/36 February 10, 2011
Peace
johngeorge

#32 stubaby

stubaby

    Member

  • Traders-Talk User
  • 1,660 posts

Posted 15 February 2011 - 01:01 PM

Slow "grind" higher - seems that interest is low and there are a lot of disbelievers! I like. :blink: stubaby

#33 dharma

dharma

    Member

  • Traders-Talk User
  • 9,618 posts

Posted 15 February 2011 - 01:06 PM

flew all day yesterday. landed in kauai last night. want to see 1375 taken out on a few closes. dharma

#34 JGUITARSLIM

JGUITARSLIM

    Member

  • Traders-Talk User
  • 618 posts

Posted 15 February 2011 - 01:39 PM

Slow "grind" higher - seems that interest is low and there are a lot of disbelievers! I like. :blink:

stubaby


I recall while back article from TheDailyGold pointing out the observation that Gold priced in other currencies often leads Gold in US$.
Just put together this little chart. This analysis would suggest the possiblility we can continue this grind upward into May period.

Posted Image

#35 johngeorge

johngeorge

    Member

  • TT Member+
  • 4,616 posts

Posted 16 February 2011 - 05:36 AM

Reuters: China gold demand growing at "explosive" pace
Peace
johngeorge

#36 dharma

dharma

    Member

  • Traders-Talk User
  • 9,618 posts

Posted 16 February 2011 - 11:05 AM

building a base. couple of closes above 1375 and the market tips its hand. some miners look explosive here. waiting , waiting, waiting anyone take a look @the ag indexes, food etc dharma its good they took food and energy out of the cpi we joined johnny depp in wonderland

#37 stubaby

stubaby

    Member

  • Traders-Talk User
  • 1,660 posts

Posted 16 February 2011 - 12:21 PM

building a base.
couple of closes above 1375 and the market tips its hand.
some miners look explosive here.
waiting , waiting, waiting
anyone take a look @the ag indexes, food etc
dharma
its good they took food and energy out of the cpi
we joined johnny depp in wonderland



dharma:

Ags simular to Gold - an extended Wave 5 - Looking for large correction when complete - forming "handle" on monthly chart.


http://stockcharts.com/c-sc/sc?s=$GKX&p=W&yr=11&mn=0&dy=0&i=p87382299246&a=190045143&r=1096.png

http://stockcharts.com/c-sc/sc?s=$GKX&p=D&yr=1&mn=4&dy=0&i=p98474337826&a=209399600&r=6328.png

http://stockcharts.com/c-sc/sc?s=$GKX&p=M&st=1996-01-01&en=2011-12-31&i=p70049695674&a=190045142&r=22.png

http://stockcharts.com/c-sc/sc?s=$GKX&p=M&yr=11&mn=5&dy=0&i=p17761203262&a=225007672&r=9044.png


It is interesting to "ponder" what events this year will cause such a correction in commodities????? :cry2:


stubaby

#38 dharma

dharma

    Member

  • Traders-Talk User
  • 9,618 posts

Posted 16 February 2011 - 12:34 PM

building a base.
couple of closes above 1375 and the market tips its hand.
some miners look explosive here.
waiting , waiting, waiting
anyone take a look @the ag indexes, food etc
dharma
its good they took food and energy out of the cpi
we joined johnny depp in wonderland



dharma:

Ags simular to Gold - an extended Wave 5 - Looking for large correction when complete - forming "handle" on monthly chart.


http://stockcharts.com/c-sc/sc?s=$GKX&p=W&yr=11&mn=0&dy=0&i=p87382299246&a=190045143&r=1096.png

http://stockcharts.com/c-sc/sc?s=$GKX&p=D&yr=1&mn=4&dy=0&i=p98474337826&a=209399600&r=6328.png

http://stockcharts.com/c-sc/sc?s=$GKX&p=M&st=1996-01-01&en=2011-12-31&i=p70049695674&a=190045142&r=22.png

http://stockcharts.com/c-sc/sc?s=$GKX&p=M&yr=11&mn=5&dy=0&i=p17761203262&a=225007672&r=9044.png


It is interesting to "ponder" what events this year will cause such a correction in commodities????? :cry2:


stubaby

as usual superb work stubaby. yes, i wonder what could cause such a large correction in the commodity world, and i believe it will extend to the broads , which have also become inflation hedges. its certainly not based on earnings, that the broads have taken to the skies. my guess is it will be an engineered sell off , so the big boys can accumulate more.

when the smartest guy in the room speaks, i listen :eric sprott-
dharma

#39 inamosa

inamosa

    Patterns-based Trader and Investor in ETFs and Futures

  • Traders-Talk User
  • 1,638 posts

Posted 16 February 2011 - 05:42 PM

Thanks for the link, dharma. I'm always interested in hearing what Eric has to say.
"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months

#40 dharma

dharma

    Member

  • Traders-Talk User
  • 9,618 posts

Posted 17 February 2011 - 12:33 AM


eric sprott , when the smartest guy in the room talks , i like to listen
tomorrow is the bradley.
and here we have israel trying to foment iranians to overthrow their government, and here is their government trying to pick a fight. man its a crazy world.
dharma