222 replies to this topic

[dharma]

every bank is a zombie bank
http://video.cnbc.co...ideo=3000033600
dharma

[senorBS]

i dont drink! ever!
hourly divergences in all the mining indexes. the turn date kicks in next week. gold breaking 1621 indicates it wants higher. breaking above 1640 confirms that in my opinion. i am buying, nothing has been violated in the miners. as is my experience they are taking the path laid out by the broads. yes, there will be a top and it will come from higher levels. and i am putting my money where my mouth is on the miners.
dharma

miner indexes have cinco down at worst, might bounce norte but they ain't done going south

NO BS

Senor

[dougie]

pretty clear impulse off the local top in miners: at least another leg down due after a bounce

[senorBS]

pretty clear impulse off the local top in miners: at least another leg down due after a bounce

si amigo, muy clear

Senor

[stocks]

Dumped my gold!
Down to core position

E-wave pattern from late Jan is completed!
Sentiment too bullish

Deflation alert!
Silver and stocks will get smashed
Dollar will soar

This should be obvious within 3 weeks.
If not, I am wrong.

[JGUITARSLIM]

Sure seems like everyone's jumping ship.
Looking at GDXJ...I see a bullish picture.
Had a 23% rally off june lows on volume.
Just retraced 50% of move on lower volume.
Potential inverse H&S pattern forming.
Good luck!

[johngeorge]

i dont drink! ever!
hourly divergences in all the mining indexes. the turn date kicks in next week. gold breaking 1621 indicates it wants higher. breaking above 1640 confirms that in my opinion. i am buying, nothing has been violated in the miners. as is my experience they are taking the path laid out by the broads. yes, there will be a top and it will come from higher levels. and i am putting my money where my mouth is on the miners.
dharma

dharma

Meet another teetotaler. At any rate I am buying today. As stubaby pointed out I too feel the HUI will find support in the 530ish area. Will see. Meantime watching my mining stocks bounce up and down.

[dharma]

Sure seems like everyone's jumping ship.
Looking at GDXJ...I see a bullish picture.
Had a 23% rally off june lows on volume.
Just retraced 50% of move on lower volume.
Potential inverse H&S pattern forming.
Good luck!

gdx also has the pattern
i dont know how long the pressure lasts. or how low we go. my turn date is the 3rd.
lots of noise. they will come to an accord. its all about getting reelected.
nibbling! nibble ! nibble ! nibble
dharma
good job jguitarslim

Edited by dharma, 29 July 2011 - 02:36 PM.

[senorBS]

Sure seems like everyone's jumping ship.
Looking at GDXJ...I see a bullish picture.
Had a 23% rally off june lows on volume.
Just retraced 50% of move on lower volume.
Potential inverse H&S pattern forming.
Good luck!

gdx also has the pattern
i dont know how long the pressure lasts. or how low we go. my turn date is the 3rd.
lots of noise. they will come to an accord. its all about getting reelected.
nibbling! nibble ! nibble ! nibble
dharma
good job jguitarslim

Dharma, is your turn date for gold, silver or HUI? All or just one or two? If it's for gold I'd have to think it's a top given it's been up every week in July and closed at new highs today.

Senor

[dougie]

hard to imagine gold topping and HUI roaring ahead, but stranger things have happened