its time for a new thread!
#241
Posted 08 December 2011 - 11:16 AM
#242
Posted 08 December 2011 - 11:20 AM
#243
Posted 08 December 2011 - 11:46 AM
we will see soon enough: was this AM's spike high the high instead?
dougie
That's called a spring dive.
johngeorge
#244
Posted 08 December 2011 - 12:52 PM
you have held to that idea since i posted the 8th as my date for a low.we will see soon enough: was this AM's spike high the high instead?
frankly, i love being on the other side of the trade from you.
of course we shall see. break the lows of 1680 and i am back to the drawing board. otherwise i
see this as a buying opportunity.
dharma
#245
Posted 08 December 2011 - 03:27 PM
#246
Posted 08 December 2011 - 03:42 PM
MNI Reports Coordinated Central Bank Intervention Sends Gold Lower Intraday
johngeorge
#247
Posted 08 December 2011 - 04:29 PM
please keep in mind that cbs are no better then the public @this. canada, england , and others sold their gold below 300. cbs started buying over 1k. the fact that they are selling is an indication of a bottom, if their past selling is looked it. it has continually marked lows. 1764 is a powerful # we fell short of that and came up to the 1754 , which my work has labelled the death zone. so far nothing has been violated.Here's one explanation for the gold sell off this am from Zero Hedge:
MNI Reports Coordinated Central Bank Intervention Sends Gold Lower Intraday
keep in mind above 1900s there were coordinated attacks , which sent gold on its butt to 1530. i am now almost fully positioned, i dont know what # the assault on the highs just above 1800 begins, but it will take place. expecting the ecb to come out and bluntly say, print away, is not realist. but what choice do they have?
steady!
dharma
#248
Posted 09 December 2011 - 01:14 AM
I am only posting what you already know: that cycles can invert, and we will know shortly enough if today was a headfake or not
you have held to that idea since i posted the 8th as my date for a low.we will see soon enough: was this AM's spike high the high instead?
frankly, i love being on the other side of the trade from you.
of course we shall see. break the lows of 1680 and i am back to the drawing board. otherwise i
see this as a buying opportunity.
dharma
#249
Posted 09 December 2011 - 07:09 AM
FWIW...I got a Point and Figure last alert down for gold..this means unless gold can move past it's hi from yesterday quickly..within a couple of days gold could be under 1700..and if it touches 1700 then that's a sell and negates what I mentioned before about the target of 1930..we came close yesterday..so my guess is today we have to move up a lot with some announcement like you said about printing..otherwise, we go down again..and test last supports under 1700...imo..today is do or die ..for that news to continue upward..we'll see how this goes..silver at this time if it touches 31 it will be a sell signal..good luck to all..but again, I have physical in both and plan on holding it long term..this is just for some swing trading..please keep in mind that cbs are no better then the public @this. canada, england , and others sold their gold below 300. cbs started buying over 1k. the fact that they are selling is an indication of a bottom, if their past selling is looked it. it has continually marked lows. 1764 is a powerful # we fell short of that and came up to the 1754 , which my work has labelled the death zone. so far nothing has been violated.Here's one explanation for the gold sell off this am from Zero Hedge:
MNI Reports Coordinated Central Bank Intervention Sends Gold Lower Intraday
keep in mind above 1900s there were coordinated attacks , which sent gold on its butt to 1530. i am now almost fully positioned, i dont know what # the assault on the highs just above 1800 begins, but it will take place. expecting the ecb to come out and bluntly say, print away, is not realist. but what choice do they have?
steady!
dharma
TM
#250
Posted 09 December 2011 - 07:47 AM
be sure to read www.jsmineset.com keep up w/what he posts. i do
dharma
Jim Sinclair interviewed by KWN: Why Financial System is Imploding & What to do
johngeorge