wave 2? bottoming
#1
Posted 26 March 2014 - 08:49 AM
#2
Posted 26 March 2014 - 09:24 AM
prices are wedged in on the gold chart. it also looks to be an inverse h&s pattern . oscillators are in the buy zone.
ng and other commodities look in similar positions. and interestingly enough, the gld holdings have gone up on this decline. it seems holdings have shifted to strong hands. wave 2 is finishing.
dharma
for me the future of the bull lies in the hands of the indians and chinese. both have in their traditions to hold physical gold. as long as they are free to buy gold , it will put a floor on the price.they buy in terms of tonnes. there are other countries in the far east where their citizens have a tradition of holding physical. this is where the future of the bull lies.
buyers of tonnes
maguire http://www.kingworld...ew_Maguire.html
#3
Posted 26 March 2014 - 09:27 AM
#4
Posted 26 March 2014 - 10:52 AM
#5
Posted 26 March 2014 - 02:23 PM
#6
Posted 26 March 2014 - 03:09 PM
so, now the options are expiring, and magically the price is @1300 so the large #of puts and calls expire worthless.
wash, rinse, repeat. guess who wins. there are certain sectors of the market its best not to compete in. options, imo is one of them.
dharma
Down and out or ready to roll? Bought some NUGT.
#7
Posted 26 March 2014 - 06:49 PM
#8
Posted 26 March 2014 - 07:02 PM
#9
Posted 26 March 2014 - 09:51 PM
#10
Posted 26 March 2014 - 10:12 PM
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