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topping , the process 2


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#71 dougie

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Posted 01 May 2011 - 06:31 PM

wild indeed Cycle highs due this week form multiple perspectives will be intersting would like to stay out of harms way

#72 JGUITARSLIM

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Posted 01 May 2011 - 06:54 PM

Gonna be an interesting night for sure.
CME raised silver margins...again.
Doing their best to try halt this rocket.
That was one hell of a drop. 10 min chart...

Posted Image

Edited by JGUITARSLIM, 01 May 2011 - 06:54 PM.


#73 senorBS

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Posted 02 May 2011 - 07:31 AM

there will be pauses
there will be corrections.
june is the most likely time frame
i am taking a break, going on vacation
got to step back.
dont know if i will post or not this week
dharma


smart move, enjoy your time off!!!!!

NO BS

Senor

#74 JGUITARSLIM

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Posted 02 May 2011 - 10:35 AM

Getting little taste of volatility here. Action making mince meat out of traders, top & bottom pickers alike. Still looking for miners to catch some mojo :huh:

#75 dougie

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Posted 02 May 2011 - 11:36 AM

miners: MOJO?
http://stockcharts.c...amp;a=228206937

could be an abcde flag?

#76 JGUITARSLIM

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Posted 02 May 2011 - 11:51 AM

miners: MOJO?
http://stockcharts.c...amp;a=228206937

could be an abcde flag?


Noted. Been very selective in particular miners Im buying of late.
Cut back # positions significantly over last month or so.
Being patient.

#77 senorBS

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Posted 02 May 2011 - 02:35 PM

Miners el stinko, enough said Senor

#78 diogenes227

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Posted 02 May 2011 - 03:09 PM

Thought the miners were shouting "Watch out!" and so it turns out they were...

Hard to short anything gone parabolic but...

:o

http://stockcharts.c...9773&r=9468.png


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

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#79 dougie

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Posted 02 May 2011 - 03:10 PM

think we are close to a bottom if not today: wash out volume

#80 stubaby

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Posted 03 May 2011 - 09:47 AM

Anyone buying in here? Hit No stops yesterday and 1 this am - so far. Looking for stabilization here and then a bounce. Then will be decision time based on the retest of whatever lows are reached. stubaby