131 replies to this topic

[dougie]

funny bonds are not buying the story

[dharma]

my stuff shows now we decline till mid month. gld could have been a 5 up? the pattern is not encouraging to the bulls i have dry powder and until i see signs that i can recognize as a bottom. the powder will remain dry since the 4.25 yr cycle has exerted its dominance. and coupled w/the 8.5 yr cycle lows, it seems the lows are either in or will be in may. before we come to any conclusions lets see what clues the market provides dharma cautious

[senorBS]

my stuff shows now we decline till mid month. gld could have been a 5 up? the pattern is not encouraging to the bulls
i have dry powder and until i see signs that i can recognize as a bottom. the powder will remain dry
since the 4.25 yr cycle has exerted its dominance. and coupled w/the 8.5 yr cycle lows, it seems the lows are either in or will be in may.
before we come to any conclusions lets see what clues the market provides
dharma
cautious

hola amigo, the big mining indexes could be doing contracting triangles that are nearing completion from July 17 lows, so maybe an el thrusto to a finale low? I mucho want to see that happen, may not get it, we see.

Senor

[dharma]

keeping powder dry, dont feel motivated to do anything. dharma

[dharma]

i want to see how this decline shapes up. i want to see divergences, intermarket(gold vs silver. or gold vs miners etc) or oscillator divergences i want to see a good bottom. dharma

[dougie]

i want to see a good bottom too

[dharma]

ahhh the search for the perfect bottom

in this piece she gives an astute presentation on japan
@ 12min mark she puts up a gold chart w/some notations
the whole piece is worth the time, and her notations on the gold
chart explain alot, besides conspiracy theory
http://www.planbecon...-hughes-of.html
dharma

[dharma]

this is an 8.5 yr cycle low, and a 4.25 yr cycle low coming up, so it is major. the bull is not dead all markets have corrections and gold is no exception. this cycle should come to an end within 2-3weeks sentiment is still @an extreme the small specs are net short. we get closer and closer and now we wait for price to confirm dharma

[dharma]

yesterday, the london market was closed, so the paper players in gold had their sway today the market regained its previous levels if you trade in this market , you have to be fast. or get carved up and made into chop suey doing nothing in here dharma

[dharma]

the market has lost its appetite for risk gold having a good rally silver is negative on the day cbs own gold none , to my knowledge own silver would not be surprised to see the ratio, @some point blow out even further there is precedent for that in history dharma