seasonal weak time of the year
#1
Posted 04 June 2013 - 10:04 AM
we have had a weak april and the sentiment is still off the charts bearish.
yet the gold shares have led on rally days. lets see how this seasonal weakness
plays out.
all the talk of the fed tapering off qe is just talk. the japanese experiment w/qe
has gone array. the nikkei has gotten battered . maybe the big japanese exporters
dont benefit from a weak yen?
dont know if new lows are in the cards or not. watching to see how this period plays out
dharma
#2
Posted 04 June 2013 - 11:45 AM
#3
Posted 04 June 2013 - 02:31 PM
now, if we know that, how come the central bankers dont know that????????????????the one time boost to the exporters of japan is irrelevant compared ot the pervasive persistent negative effects of a weak yen on the japanese consumer
no nation ever became wealthy destroying its currency
dharma
#4
Posted 05 June 2013 - 06:22 AM
now, if we know that, how come the central bankers dont know that????????????????the one time boost to the exporters of japan is irrelevant compared ot the pervasive persistent negative effects of a weak yen on the japanese consumer
no nation ever became wealthy destroying its currency
dharma
"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/
#5
Posted 05 June 2013 - 07:51 AM
Last one failed miserably only after a few weeks of subpar strength. It was extremely left hand translated. COT and OI look much better this time.
http://stockcharts.c...p...7&cmd=print
-tria
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
#6
Posted 05 June 2013 - 09:25 AM
#7
Posted 05 June 2013 - 03:23 PM
All I am waiting for is to see what kind of strehgth we get out of this 25-week cycle low ideally bottomimg next week, if it has not already bottomed a bit earlier.
-tria
Maybe a triple bottom coming soon?
http://stockcharts.com/c-sc/sc?s=$GOLD&p=D&yr=1&mn=0&dy=0&i=p68614594105&r=1370463595141.gif
"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/
#8
Posted 05 June 2013 - 04:56 PM
#9
Posted 06 June 2013 - 10:24 AM
#10
Posted 06 June 2013 - 11:24 AM
Edited by senorBS, 06 June 2013 - 11:25 AM.