145 replies to this topic

[senorBS]

hey amigos, XAU and HUI may have ended wave "e" of contracting triangles yesterday and final el thrustos south could be happening now. Pattern in XAU looks the best, get a low south of 156.76 and it may be GAME ON. Maybe a bad earnings report from a biggie provides the finale excuse and final low. BSing away Senor

[senorBS]

bought Nugt at 9.22 with the new low, tight stop, DYODD and all that BSing away Senor

[tria]

bought Nugt at 9.22 with the new low, tight stop, DYODD and all that

BSing away

Senor

Bought NEM June 46 Calls at yesterday's close. No stop.
Will sell the June 42 or 41 naked Puts real soon to have an almost zero premium cost.

-tria

[dharma]

the short cycle topped out yesterday!
my attitude remains the same-below 1520 or above 1805 then its game on . in between is noise. jim came out and said , the 2nd 1/2 of the year it will be game on.
i see shirakawa's term ending in april
i see several cycles searching for lows until april/may.
i see the 1st quarter as having cross currents, w/cycles looking for bottoms.
gann said the 60year cycle is a major trend setter. it either has bottomed or is in the process of bottoming.
i am not too excited .
it is obvious to me that the last 12 years or so, have produced a bull market in the pms. it has paused since 11 . the pattern, @this point is very constructive. here is a chart of the parabolic. i believe we are in the bear trap as we speak. how low it goes , we will wait and see
that mountain of world wide debt keeps growing. waiting in the wings are the keynesian cbs they will continue to throw money @ the situation. http://kingworldnews...500_Silver.html

dharma

[dougie]

why?

bought Nugt at 9.22 with the new low, tight stop, DYODD and all that

BSing away

Senor

[dougie]

Miners look dead in the ater to my eye. some weekly signals that have not been seen the whole bull signalling that things might be dead for a while

[tradermama]

Miners look dead in the ater to my eye.
some weekly signals that have not been seen the whole bull signalling that things might be dead for a while

Dougie,
If you haven't seen my latest post on pnf on gdx..check it out. I basically have said the same thing due to the fact now GDX RS changed to O..early Dec the pnf trend changed to negative and I'm seeing more RS changes including a recent trend change in FV..now it could just stay in a range too but it doesn't feel like the lows are in yet. Last time the RS changed to O was March and you saw what happened there..then Sept it changed to X. In order to get really bullish and not just trading the pnf RS needs to be X and trend back to pnf positive..otherwise one must be nimble like Jack be quick!
TM

[dharma]

not too many rich technicians charts are painted pictures getting you to see what the big money wants you to see above posts are encouraging to me w/that being said i dont see much till near the end of feb dharma

Edited by dharma, 24 January 2013 - 12:18 PM.

[stubaby]

http://stockcharts.com/c-sc/sc?s=$HUI:GLD&p=D&yr=0&mn=10&dy=0&i=p72901774897&a=282543850&r=1359049886687.png

[senorBS]

gone at 8.96 on NUGT trade Senor