25 replies to this topic

[stubaby]

3 Waves Up and rolling over - We'll know soon enough! Prior swing low of 460 needs to hold!
http://stockcharts.com/c-sc/sc?s=$GKX&p=D&yr=2&mn=0&dy=0&i=p31539035473&a=209399600&r=779.png

Reset Complete and now rolling over! Now looking to accumulate IT positions on this swing!
http://stockcharts.com/c-sc/sc?s=$GKX&p=W&yr=11&mn=0&dy=0&i=p87382299246&a=190045143&r=610.png

Critical period ahead for Ags - Handle complete or another downswing to 38.2% FIB? Time to begin accumulation of the usual suspects - based on individual charts (RJA, DBA, GRU, MOO, etc)
http://stockcharts.com/c-sc/sc?s=$GKX&p=M&st=1996-01-01&en=2011-12-31&i=p70049695674&a=190045142&r=761.png

stubaby

[johngeorge]

stubaby

Thanks for the Ag update. I own RJA and have been waiting for another pullback to add to my position. Looks like I over waited.

Best to you.

[stubaby]

stubaby

Thanks for the Ag update. I own RJA and have been waiting for another pullback to add to my position. Looks like I over waited.

Best to you.

Nope - your timing is perfect!
http://stockcharts.c...7831&r=2824.png

http://stockcharts.c...7817&r=4835.png

http://stockcharts.c...3618&r=8390.png

stubaby

[dougie]

hard to see anything very bearish even st in thos e chart note the bullish weekly macd cross

[stubaby]

hard to see anything very bearish even st in thos e chart
note the bullish weekly macd cross

dougie:

Had the 'same' set-up in 2008 and MACD cross was just a 're-set' before a final (and brutal might I add) Final leg down! A lot, of course, depends on the US Dollar for the Ags (not the same disconnect we see in GOLD).

Need to be careful here and NOT over-commit to the sector yet - let it "prove itself" - there's plenty of upside on the next swing! (think Gold AFTER this run is complete and we are in the throws of a WAVE 2 correction that is ending or nearly so).

stubaby

[dougie]

yes could well be: 2008 it isnt though meanwhile, NG getting crushed

[dharma]

food will be a big winner. gold will be the biggest winner. most all commodities will do well dharma

[stubaby]

Added DBA this am:

http://stockcharts.c...18502&r=236.png

http://stockcharts.c...17813&r=194.png

http://stockcharts.c...04095&r=187.png


stubaby

[dougie]

you like dba more than rja

[stubaby]

you like dba more than rja

dougie:

I now own both - RJA was an add-on from last year so it's a "core" for me - DBA today was a starter position, but will add on the next swing higher.

stubaby