Edited by dharma, 02 January 2013 - 10:14 AM.
above 1805 and its game on
#1
Posted 02 January 2013 - 10:13 AM
#2
Posted 02 January 2013 - 10:34 AM
#3
Posted 02 January 2013 - 11:56 PM
http://www.jsmineset...-analysis-2013/
dharma
opinions?
#4
Posted 03 January 2013 - 03:44 PM
FED MINUTES
stubaby
Note: Filling some gaps - so far no major damage - but could get ugly here for a good shake!
Edited by stubaby, 03 January 2013 - 03:54 PM.
#5
Posted 04 January 2013 - 12:25 AM
here is alf fields E wave interpretation of the gold market
http://www.jsmineset...-analysis-2013/
dharma
opinions?
thanks for posting AF's update, dharma -- unless $gold falls below 1560-1570, I believe his count will be proven correct.
Edited by beta, 04 January 2013 - 12:25 AM.
#6
Posted 04 January 2013 - 02:29 AM
here is alf fields E wave interpretation of the gold market
http://www.jsmineset...-analysis-2013/
dharma
opinions?
thanks for posting AF's update, dharma -- unless $gold falls below 1560-1570, I believe his count will be proven correct.
#7
Posted 04 January 2013 - 02:42 AM
Alf says below 1636 and the count is dead
here is alf fields E wave interpretation of the gold market
http://www.jsmineset...-analysis-2013/
dharma
opinions?
thanks for posting AF's update, dharma -- unless $gold falls below 1560-1570, I believe his count will be proven correct.
I think there's another variation on his count that keeps the "C" wave valid > 1560. Will try to post charts this weekend.
#8
Posted 04 January 2013 - 09:41 AM
In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.
"You miss 100% of the shots you don't take."
~ Wayne Gretzky
#9
Posted 04 January 2013 - 11:36 AM
Weakness to week's end was expected and the 1635 area to be tested. This came just in time.
Weakness should end very soon. I will buy back today the NUGT position that I sold a few days ago, and maybe add more on Monday.
-tria
"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/
#10
Posted 04 January 2013 - 12:12 PM
the moment they stop qe the financial landscape changes dramatically. the world you know is obliterated. its a ridiculous notion. its survival the whole western world and soon japan will be qe. corrections are part of the process
i read this this am http://www.themarket...-crash-in-gold/
its another elliott count.
i am in buy mode , patiently waiting for divergences, none develop . i ride w/what i got . they develop i buy
this last 2 day rally obliterated those who bought the strength.
the fundamentals keep improving for the metals. the games will continue however. outstanding returns will happen
China’s December nonmanufacturing PMI rose to 56.1 from 55.6.
GLD fell back to just above its 200-Day MA and its holdings dropped by nearly 10 tonnes to 1,340 tonnes.
The Fed’s balance sheet was released after the close today, and we learned that it grew roughly $10 Bln to $2.918 Trln as of yesterday. Given that the Fed didn’t start buying securities for QE-3 until today for this month, that means we can project that the Fed’s balance sheet will be roughly just over $3 Trln by the end of the month and at a new all-time high, which would imply a minimum of $1750 gold.
Gold sentiment remains at suicide levels...
HGNSI unchangedat -12.5% today.
MarketVane’s Bullish Consensus fell a point to 60% today.
dharma