Edited by tradermama, 23 December 2012 - 09:11 AM.
PNF and Merriman
#1
Posted 23 December 2012 - 09:07 AM
#2
Posted 23 December 2012 - 07:52 PM
great post!
gis
P.S. THe attached link shows a weekly chart of SLV where I tried to find golden mean rations between lows and it would indicate
that the week starting Monday December 31 should be a low for Silver
http://i931.photobuc...zpsf130f78d.jpg
#3
Posted 26 December 2012 - 07:21 AM
Thanks Irene,
great post!
gis
P.S. THe attached link shows a weekly chart of SLV where I tried to find golden mean rations between lows and it would indicate
that the week starting Monday December 31 should be a low for Silver
http://i931.photobuc...zpsf130f78d.jpg
Thanks Gis...Regarding gold/silver ...we're now hearing about a small deal with the Fiscal Cliff and this could actually get closer to a final deal end of Jan/Feb (which is that period I just mentioned for an important bottom)..and also close to debt ceiling limit time period...so this might still weigh on metals till then..but like I said, right now we are close to some kind of short term bottom like you mentioned too...I just got home yesterday after being out of town for a while and am in the middle of reading Merriman's 2013 Forecast book...I skimmed quickly as I was tired..so far it appears that 1630 must hold or we could be testing that Dec 2011 again..doesn't mean we break it..and could be a quadruple test...this all will determine what long term cycle we are in.
Silver must get over 35.44 to support his view that a 4.34 chycle low was completed this year June 28th...if this all happens then we coudl see new highs in 2013-2015..but 50 will be good resistance..then the target would be 67.50 +/-6.98...
I'm hoping that this weakness I'm getting in the metals just keeps it all in a range...the longer we consolidate..the bigger the launch..but like I said, that negative trend change for gold has kept my attention to be cautious.
Have a Happy New Years..
Irene
#4
Posted 28 December 2012 - 07:56 AM
#5
Posted 28 December 2012 - 08:11 AM
mama, never heard a quadruple test before. But, boy you do have some lofty dreams like Silver almost tripling from here.
an exodus from bonds and rampant inflation would do it
could happen alot quicker than u think
#6
Posted 28 December 2012 - 09:15 AM
Please read my posts carefully..where did I say silver will triple or quad bottom. If you take time to put on your glasses you would see in that post I was letting others know what MERRIMAN was saying. It was from his book. And there are some people here who are interested in his views. If you dont like something or believe in something then don't spoil it for others who might be interested in it.mama, never heard a quadruple test before. But, boy you do have some lofty dreams like Silver almost tripling from here.
You keep doing this crap and maybe it's your age thinking you have that "priviledge"...even though I'm not a young chicken myself but I do give people respect and will continue to because you see..this world is tough enough to live in...why make it more difficult with attitudes like yours! I would be happy to have intelligent discussions with you if you were capable, but apparently your dementia must be setting in. This is the last time I'm addressing you. Enough said.
Anyone interested from now on on what Merriman is saying or any pnf guidelines, feel free to send me a PM. I'm done with posting on Tradertalk. GLTA!
Irene
#7
Posted 28 December 2012 - 09:32 AM
mama, never heard a quadruple test before. But, boy you do have some lofty dreams like Silver almost tripling from here.
an exodus from bonds and rampant inflation would do it
could happen alot quicker than u think
Should the case warrant, it is not illogical to think of higher commodity prices but to say triple, quadruple is greed. Pure greed.
#8
Posted 28 December 2012 - 10:59 AM
Please read my posts carefully..where did I say silver will triple or quad bottom. If you take time to put on your glasses you would see in that post I was letting others know what MERRIMAN was saying. It was from his book. And there are some people here who are interested in his views. If you dont like something or believe in something then don't spoil it for others who might be interested in it.mama, never heard a quadruple test before. But, boy you do have some lofty dreams like Silver almost tripling from here.
You keep doing this crap and maybe it's your age thinking you have that "priviledge"...even though I'm not a young chicken myself but I do give people respect and will continue to because you see..this world is tough enough to live in...why make it more difficult with attitudes like yours! I would be happy to have intelligent discussions with you if you were capable, but apparently your dementia must be setting in. This is the last time I'm addressing you. Enough said.
Anyone interested from now on on what Merriman is saying or any pnf guidelines, feel free to send me a PM. I'm done with posting on Tradertalk. GLTA!
Irene
Irene:
Keep posting please! Just ignore him - I do!
stubaby
#9
Posted 28 December 2012 - 11:42 AM
#10
Posted 31 December 2012 - 02:46 PM
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/