9 replies to this topic

[Russ]

http://www.traders-t...?...388&hl=gold

"I make notes in my appointment book.
Today's note, which I jotted down several weeks/months ago:
"Watch for late June GOLD low" I believe it came from Laundry.
It looks like we may get one soon.
An August retest would be normal."...Rodgerdodger

Just wondering if anyone has a T chart for that June low?

[Rogerdodger]

I have no memory of any T chart details on gold but only remember Terry mentioning that June low in his audio chats.
I found one chart from the time when Parker began working with Terry.
I believe Parker used RSI or MF for the T structure.

Here's all I have on gold related to T's:
http://stockcharts.c...45177946221.png

[Russ]

Here is a link to Terry's projection for a gold peak in 2011... http://ttheory.typep...20101216pdf.pdf

I wrote on this board below that I believe I found a T on the gold chart in agreement
with a projection using my oscillator for a gold high in Jan 2013, for the T, the gold
peak in summer 2011 leading to the low in may 2012 then projects to a high in jan
2013 which is in agreement with my oscillator for the hui and nugt. It is also in agreement
with the seasonality chart you posted for gold.

I have no memory of any T chart details on gold but only remember Terry mentioning that June low in his audio chats.
I found one chart from the time when Parker began working with Terry.
I believe Parker used RSI or MF for the T structure.

Here's all I have on gold related to T's:
http://stockcharts.c...45177946221.png

Edited by Russ, 17 August 2012 - 03:58 AM.

[tradermama]

Hi Russ,
I'm not a T Theory expert but I did follow some of Laundry's forecasts...not that he has been 100% correct.....his biggest goof was 2010 with the broads saying a top would be in August and we would head down..however the fed screwed that up for him..and yet Laundry never said anything about the goof..he back pedaled on that..which to me was a major goof as that was to be a Mega T top..well, as we know we've been up since..regarding gld..the last I heard outside of these cycle tops/bottoms that Parker contributes towards, he called for a final low in the fall..around November..that might have been adjusted after his death..but keep in mind..he started doing T's for gld only about a couple of years ago..I recall him when he first started with that..it could have been 2009/2010...

...And I believe Parker has a top in mid-August for the broads ..I think Tria said late August for gold..I believe his projection was around 1300-1400 area by November period..again this might have changed.. here is charts..03 chart is gld
http://stockcharts.c...c/1172710/tenpp

Also, the cycle stuff was Parker's thing..and that hasn't always been right on too..yet when you would listen to the audio..Laundry sometimes would skate over it if that didn't hit right..cycle stuff started last year. Like right now Parker did call for mid August top..he could be right..but technically, this looks like the market could go up into mid Sept..we'll see...pnf is showing a lot of strength here..yes, very overbot..but I dont expect a major down this month..maybe after the Fed disappoints?..unless something unforeseen happens..and I don't believe Laundry believed we would make a 52 week hi after May..sometimes it was hard to understand his projections ..at least for me.

3 times since 1930 we have had a 52 week hi in August..one of those times was 1987...this could repeat what happened in October..we shall see


TM

[Russ]

TM:

Well I stayed up until 1 am last night working on charts. I have some indication that the general stock markets will go up for another 14 trading days, so early Sept hi which is in agreement with your pnf analysis. There was also a trend for something hitting around that astro date you mentioned in late August, but I don't recall what that was right now and I am on the road with my lpaptop which does not have the main charting software (tradestation) on it.

I also discovered a long term trend on the VIX for a VIX low in 2015, this on top of trends for the Shanghai index to peak that year and also gasoline, all this ties in with Armstrong's (Martin A. Armsrong...aka..MAA) 2015 economic confidence model peak in 2015.

Gold may go down into early Sept, there is a trend on the chart but it is not the strongest trend I have seen so it could fail, it is not totally confirmed according to the indicator rules.

BTW...MAA is writing a special report on what the Mayan 2012 cycle means which he is selling this Sept. I saw him write before that he thought it could really be all about the climate, he does not think humans are causing global warming and cites a woman scientist who has done work on solar cycles and the earth having an eliptical orbit as major factors in warming/cooling cycles on earth. MAA wrote before that he thought our climate could start to cool after this year. I think he is getting into analysing magnetic core samples from the ocean bed. Anyway, the guy is a brainiac that few can keep up with.

Russ

Hi Russ,
I'm not a T Theory expert but I did follow some of Laundry's forecasts...not that he has been 100% correct.....his biggest goof was 2010 with the broads saying a top would be in August and we would head down..however the fed screwed that up for him..and yet Laundry never said anything about the goof..he back pedaled on that..which to me was a major goof as that was to be a Mega T top..well, as we know we've been up since..regarding gld..the last I heard outside of these cycle tops/bottoms that Parker contributes towards, he called for a final low in the fall..around November..that might have been adjusted after his death..but keep in mind..he started doing T's for gld only about a couple of years ago..I recall him when he first started with that..it could have been 2009/2010...

...And I believe Parker has a top in mid-August for the broads ..I think Tria said late August for gold..I believe his projection was around 1300-1400 area by November period..again this might have changed.. here is charts..03 chart is gld
http://stockcharts.c...c/1172710/tenpp

Also, the cycle stuff was Parker's thing..and that hasn't always been right on too..yet when you would listen to the audio..Laundry sometimes would skate over it if that didn't hit right..cycle stuff started last year. Like right now Parker did call for mid August top..he could be right..but technically, this looks like the market could go up into mid Sept..we'll see...pnf is showing a lot of strength here..yes, very overbot..but I dont expect a major down this month..maybe after the Fed disappoints?..unless something unforeseen happens..and I don't believe Laundry believed we would make a 52 week hi after May..sometimes it was hard to understand his projections ..at least for me.

3 times since 1930 we have had a 52 week hi in August..one of those times was 1987...this could repeat what happened in October..we shall see


TM

[tria]

http://www.traders-t...?...388&hl=gold

"I make notes in my appointment book.
Today's note, which I jotted down several weeks/months ago:
"Watch for late June GOLD low" I believe it came from Laundry.
It looks like we may get one soon.
An August retest would be normal."...Rodgerdodger

Just wondering if anyone has a T chart for that June low?

Hi Russ,

It wasn't a 'T' that Terry Laundry was looking at for a late June Gold low, but this 25-week cycle. Next low is due near mid December 2012.

http://ttheoryforum....-25wk-cycle.pdf

-tria

[Russ]

Thanks Tria, That forecast is totally opposite of mine and if june was the low then why would another low come so fast, also the seasonality chart that Rodgerdoger posted disagrees with what you posted. Cheers Russ

http://www.traders-t...?...388&hl=gold

"I make notes in my appointment book.
Today's note, which I jotted down several weeks/months ago:
"Watch for late June GOLD low" I believe it came from Laundry.
It looks like we may get one soon.
An August retest would be normal."...Rodgerdodger

Just wondering if anyone has a T chart for that June low?

Hi Russ,

It wasn't a 'T' that Terry Laundry was looking at for a late June Gold low, but this 25-week cycle. Next low is due near mid December 2012.

http://ttheoryforum....-25wk-cycle.pdf

-tria

[tria]

Thanks Tria, That forecast is totally opposite of mine and if june was the low then why would another low come so fast, also the seasonality chart that Rodgerdoger posted disagrees with what you posted. Cheers Russ

http://www.traders-t...?...388&hl=gold

"I make notes in my appointment book.
Today's note, which I jotted down several weeks/months ago:
"Watch for late June GOLD low" I believe it came from Laundry.
It looks like we may get one soon.
An August retest would be normal."...Rodgerdodger

Just wondering if anyone has a T chart for that June low?

Hi Russ,

It wasn't a 'T' that Terry Laundry was looking at for a late June Gold low, but this 25-week cycle. Next low is due near mid December 2012.

http://ttheoryforum....-25wk-cycle.pdf

-tria

Russ,

A possible mid December low could be just another higher low than the May or June low.
Terry Laundry was expecting a 2008 type stk mkt crash and Gold scenario to occur this year, and forecasted Gold to drop near the $1,400 level. This isn't happening apparently. I disagreed with his Gold outlook numerous times, and had a few heated discussions about it. All I see now is a range-bound Gold mkt until it isn't.

-tria

-tria

[tria]

Russ, I forgot to add that the latest Stk Mkt forecast from T-Theory, is for generally rising prices to mid September. Similar to your outlook. -tria

[Russ]

Look at the HUI gold bugs index, it is clearly showing a W bottom, these stocks will peak by the end of the year, I am quite sure about it. The longer term Gold peak should happen in 2016 or maybe 2017. HUI Gold Stock Index

Russ,

I forgot to add that the latest Stk Mkt forecast from T-Theory, is for generally rising prices to mid September. Similar to your outlook.

-tria