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Well here we are at May mining stock lows


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#11 dharma

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Posted 19 February 2013 - 02:44 PM

to a deflationist this all makes sense , and lower #s will be seen, and who knows that could very well happen.......temporarily gold has taken out its jan 4th low , silver has not dharma

#12 SemiBizz

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Posted 19 February 2013 - 02:50 PM

Yes it is muy malo.

And I know what is under here...

I'll give you a sample

If this XAU breaks down now, you gonna see NEM at $34.


but a bueno reversal norte from these muy oversold levels could imply a grande bottom, so both sides need to be careful here IMO

Senor


I don't see any grande here, I see a trade up to 148-149.

Works for me.



I can see the POTENTIAL for one, that is all, that is why I took a trading position but will exit muy rapido if it does not do what I need it to

Senor


I see potential for double digits on the XAU, levels that would shock you, if it cannot climb and maintain over 171.71.
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#13 senorBS

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Posted 19 February 2013 - 07:23 PM

Yes it is muy malo.

And I know what is under here...

I'll give you a sample

If this XAU breaks down now, you gonna see NEM at $34.


but a bueno reversal norte from these muy oversold levels could imply a grande bottom, so both sides need to be careful here IMO

Senor


I don't see any grande here, I see a trade up to 148-149.

Works for me.



I can see the POTENTIAL for one, that is all, that is why I took a trading position but will exit muy rapido if it does not do what I need it to

Senor


I see potential for double digits on the XAU, levels that would shock you, if it cannot climb and maintain over 171.71.


I see the potential for many things and am not married to any of them, just an ol trader honbre lookin to make some pesos. Stayed long overnight with my trading position

Senor

#14 senorBS

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Posted 19 February 2013 - 07:25 PM

buy @the point of maximum pessimism- sir john templeton.
dharma
a reminder from a friend

i happen to agree w/dougie


DSI had 5% gold bulls Friday, 7% yesterday, only goes from zero to 100, the long side is muy lonely :lol: :lol:

Senor

#15 senorBS

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Posted 24 February 2013 - 04:56 PM

if the level of low posting on this board is any indication an imporante low is nearby BSing away Senor

#16 goldfungus

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Posted 25 February 2013 - 12:24 AM

if the level of low posting on this board is any indication an imporante low is nearby

BSing away

Senor


Well, it sure felt like the sentiment low. Had a gold hater on another board taking a victory lap. He posted literally a few minutes after the price low. I told him he called the bottom. LOL

#17 senorBS

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Posted 26 February 2013 - 09:59 AM

if the level of low posting on this board is any indication an imporante low is nearby

BSing away

Senor


Well, it sure felt like the sentiment low. Had a gold hater on another board taking a victory lap. He posted literally a few minutes after the price low. I told him he called the bottom. LOL


LOL, we got what we need, now we really need a strong PRICE rally, Bernank comin up so maybe we get some fireworks

Senor

#18 dougie

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Posted 26 February 2013 - 01:41 PM

feels like we should get one more steep sell off to truly put the fear of ******* in everyone once and for all, but maybe folks are getting impatient

#19 senorBS

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Posted 01 March 2013 - 07:58 PM

feels like we should get one more steep sell off to truly put the fear of ******* in everyone once and for all, but maybe folks are getting impatient


think you may be right on that, one tough hombre

Senor

#20 SemiBizz

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Posted 01 March 2013 - 09:09 PM

Yes it is muy malo.

And I know what is under here...

I'll give you a sample

If this XAU breaks down now, you gonna see NEM at $34.



Going down on STRONG VOLUME... breaks $40 Closed at 39.62.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics