My version of the above chart, note the fractal like pattern repetition of the current abcde and the past abcde as well as the symmetry and connections of the trend lines...
I thought the re was a rule of alternation in 2 and 4
what i see
Started by
dharma
, Sep 23 2014 09:08 AM
202 replies to this topic
#41
dougie
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Posted 27 September 2014 - 07:12 PM
I thought the re was a rule of alternation in 2 and 4
#42
Russ
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Posted 27 September 2014 - 09:29 PM
My version of the above chart, note the fractal like pattern repetition of the current abcde and the past abcde as well as the symmetry and connections of the trend lines...
I thought the re was a rule of alternation in 2 and 4
What is "re"?
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"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/
"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/
#43
dharma
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Posted 27 September 2014 - 11:04 PM
the gold and silver cot
http://news.goldseek.../1411759993.php
bears more and more boisterous. more and more sure of themselves
banksters more and more short the dollar
silver is the most balanced by the commercials i have seen in a while
and slowly slowly the banksters are working off their gold shorts
and yet everywhere the bears are more boisterous.
i will say that i dont see new hows for gold this year, but what do i know
march is the end of the 21-22 month cycle .
even bugs are on the shelf waiting for lower prices
sentiment is close to as lopsided as its gotten.
surely this time will be different
folks this is the kind of situation bulls are born from
india is estimated to have 50 tonnes smuggled in during the 1st ten days of september.
how will this decline end ?!
dharma
not a time to bet the ranch!
http://news.goldseek.../1411759993.php
bears more and more boisterous. more and more sure of themselves
banksters more and more short the dollar
silver is the most balanced by the commercials i have seen in a while
and slowly slowly the banksters are working off their gold shorts
and yet everywhere the bears are more boisterous.
i will say that i dont see new hows for gold this year, but what do i know
march is the end of the 21-22 month cycle .
even bugs are on the shelf waiting for lower prices
sentiment is close to as lopsided as its gotten.
surely this time will be different
folks this is the kind of situation bulls are born from
india is estimated to have 50 tonnes smuggled in during the 1st ten days of september.
how will this decline end ?!
dharma
not a time to bet the ranch!
#44
Russ
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Posted 28 September 2014 - 10:00 AM
Avi Gilburt's latest chart on gld with the alternative count too...
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"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/
"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/
#45
senorBS
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Posted 28 September 2014 - 10:54 AM
Avi Gilburt's latest chart on gld with the alternative count too...
in addition many of the miner index/ETFs are also showing the same contracting triangle possibility
Senor
#46
johngeorge
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Posted 28 September 2014 - 02:39 PM
I have a feeling we may crack 2000 on the downside which could lead to a retest of the 1180. The fundamentals are great, and for a gold bug like me, here are some words of encouragement from John Hathaway
the gold and silver cot
http://news.goldseek.../1411759993.php
bears more and more boisterous. more and more sure of themselves
banksters more and more short the dollar
silver is the most balanced by the commercials i have seen in a while
and slowly slowly the banksters are working off their gold shorts
and yet everywhere the bears are more boisterous.
i will say that i dont see new hows for gold this year, but what do i know
march is the end of the 21-22 month cycle .
even bugs are on the shelf waiting for lower prices
sentiment is close to as lopsided as its gotten.
surely this time will be different
folks this is the kind of situation bulls are born from
india is estimated to have 50 tonnes smuggled in during the 1st ten days of september.
how will this decline end ?!
dharma
not a time to bet the ranch!
Peace
johngeorge
johngeorge
#47
dougie
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Posted 28 September 2014 - 04:01 PM
My version of the above chart, note the fractal like pattern repetition of the current abcde and the past abcde as well as the symmetry and connections of the trend lines...
What is "re"?
I thought there was a rule of alternation in 2 and 4
#48
Russ
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Posted 28 September 2014 - 08:08 PM
My version of the above chart, note the fractal like pattern repetition of the current abcde and the past abcde as well as the symmetry and connections of the trend lines...
What is "re"?
I thought there was a rule of alternation in 2 and 4
Well it seems like Gold is breaking that rule doesn't it, because there are clearly two zigzag patterns on the chart since the high of 2011.
I wonder what the stats are for that rule having been broken. Elliott wave theory is almost like a religion at times it seems, 'the good books says the almighty prohibits this behavior' .
Edited by Russ, 28 September 2014 - 08:08 PM.
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"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/
"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/
#49
dharma
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Posted 29 September 2014 - 09:40 AM
protests in hong kong http://www.bbc.com/n...-china-29405576 seems like folks all over the world are tired of their leaders the eyes of the world turn to hong kong , which when britain left was told it would be ruled differently. if hong kongs demands are met, then what will happen in the rest of china? if not , then what happens to the financial capital of china? interesting position right there , right now!
sure seems to me like things are being set up for a rally. but, it seems like it has to start soon, or the oscillators will show a different pattern , ie a sideways kind of pattern
gold remains under unrelenting pressure.
meanwhile india is smuggling in gold to meet the soaring demand!
germany is reporting soaring gold sales. http://www.goldrepor.../english/45230/
watching , waiting for the oscillators to turn up, and see some resistance areas put in the rear view mirror.
the 99% worldwide wants change! in the way are multiple road blocks.
dharma
sure seems to me like things are being set up for a rally. but, it seems like it has to start soon, or the oscillators will show a different pattern , ie a sideways kind of pattern
gold remains under unrelenting pressure.
meanwhile india is smuggling in gold to meet the soaring demand!
germany is reporting soaring gold sales. http://www.goldrepor.../english/45230/
watching , waiting for the oscillators to turn up, and see some resistance areas put in the rear view mirror.
the 99% worldwide wants change! in the way are multiple road blocks.
dharma
Edited by dharma, 29 September 2014 - 09:41 AM.
#50
dharma
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Posted 29 September 2014 - 11:31 AM
by the way if one examines the feds balance sheet, they are expanding it @ a rate well beyond the said qe= they are printing more than they say they are=watch what they do, forget about what is said
dharma
