222 replies to this topic

[dougie]

nice to see gold holding up with USD perhaps we get an extended trading range here in gold that wouldnt be half bad

[dougie]

so far in the $hui off June lows all i can see is 3 waves...

[stubaby]

Another "beginning run" being expressed (do your own DD):
http://stockcharts.c...37768&r=107.png

http://stockcharts.c...37783&r=109.png

http://stockcharts.c...9500&r=7778.png

stubaby

[stubaby]

so far in the $hui off June lows all i can see is 3 waves...

Still in Wave 3 - targets 660 to 675:

http://stockcharts.com/c-sc/sc?s=$HUI&p=30&yr=0&mn=2&dy=19&i=p20426194454&a=234147086&r=2772.png

stubaby

[stubaby]

Miners Fill Gaps:

Both Open Gaps have been filled in an orderly fashion (both GDX and HUI):

http://stockcharts.c...82434&r=575.png

stubaby

[dougie]

full moon tonight: any effect?

[Psycho]

Sold 25% of my miners today. May buy back in a few weeks after the dip I think we are gonna get.

[dharma]

interesting. for all of us it would be better if we went to sleep for a couple of years and woke up w/the bull raging. but, here we are volatility has increased. its all noise. sitting there and watching ones account gyrate is not comforting. but, this is the nature of this beast. the ultimate money brings the ultimate gyrations. gold=greed/fear all in one. the exchanges are heading for no margin, which suits me just fine. the sound and fury of this market can be unsettling. we have not seen a top , double top whatever. markets are designed to part one from his/her money. its no mystery 85% of the people who venture this way, lose. i have some cash and given an opportunity, i will deploy it. in no hurry. this week could experience some pressure. next week we get the fed pronouncement, and from their vast tool box , expect some form of qe. they will print. keep in mind that this volatility is a taste of what we are in store for. not one limit up day yet. i expect there will be many, it will be common. the world economy is getting more unstable. it appears that several weak sisters are on the brink of failure. the situation has been compounded by lending these irresponsible states even more money. anyway, we are going higher. the broads are forming a bottom. not @dow 6500 but @dow 10k. this week we will be shaking out the weak hands, next week will be a rocket ride. buckle up dharma

[johngeorge]

dharma

Thanks for the commentary. Here is a posting from gannman on the FF board.

Best to you.

[dharma]

dharma

Thanks for the commentary. Here is a posting from gannman on the FF board.

Best to you.

he and i are in agreement. for different reasons. i dont think it will be 2 weeks though.
dharma