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Classic UGLY BOTTOM?


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#81 senorBS

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Posted 28 October 2014 - 05:26 PM

Shades of Dec 2013 IMO, another marginal new low in some Miner stuff today and a decent rally, nothing decisive yet and what we really need is some solid upside follow through and a couple of consecutive up closes and then an up week - do that and I start really liking the chance the final post tri thrust low in the miners is in place Senor

#82 senorBS

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Posted 29 October 2014 - 10:35 AM

GDX double bottomed at 20.05, HUI/XAU/GDM all eked out a new decline low and we are hanging a bit above those lows at this time. Potential bullish series of hourly RSI divergences into this series of recent marginal new lows, daily stuff diverging as well. I continue to favor a post triangle thrust is at/near completion, it may come down to the Fed stuff in a few hours, we see BSing away Senor

#83 redbrush

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Posted 29 October 2014 - 11:25 AM

GDX double bottomed at 20.05, HUI/XAU/GDM all eked out a new decline low and we are hanging a bit above those lows at this time. Potential bullish series of hourly RSI divergences into this series of recent marginal new lows, daily stuff diverging as well. I continue to favor a post triangle thrust is at/near completion, it may come down to the Fed stuff in a few hours, we see

BSing away

Senor



I am thinking one more spike down on Fed news/manipulation with a good reversal after would help complete the pattern for me.

#84 redbrush

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Posted 29 October 2014 - 11:56 AM

GDX double bottomed at 20.05, HUI/XAU/GDM all eked out a new decline low and we are hanging a bit above those lows at this time. Potential bullish series of hourly RSI divergences into this series of recent marginal new lows, daily stuff diverging as well. I continue to favor a post triangle thrust is at/near completion, it may come down to the Fed stuff in a few hours, we see

BSing away

Senor



I am thinking one more spike down on Fed news/manipulation with a good reversal after would help complete the pattern for me.


Looks like this was the wrong idea.

#85 dougie

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Posted 29 October 2014 - 11:59 AM

GDX double bottomed at 20.05, HUI/XAU/GDM all eked out a new decline low and we are hanging a bit above those lows at this time. Potential bullish series of hourly RSI divergences into this series of recent marginal new lows, daily stuff diverging as well. I continue to favor a post triangle thrust is at/near completion, it may come down to the Fed stuff in a few hours, we see

BSing away

Senor



I am thinking one more spike down on Fed news/manipulation with a good reversal after would help complete the pattern for me.

or one more spike down that really kicks things off

#86 senorBS

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Posted 29 October 2014 - 12:13 PM

I think I might be hearing Jim Morrison and the doors tuning up in the background with "come on baby light my fire" PureBS Senor

#87 redbrush

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Posted 29 October 2014 - 12:16 PM

I think I might be hearing Jim Morrison and the doors tuning up in the background with "come on baby light my fire"

PureBS

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Yep, that FED mistrust is making me pay up.

#88 dougie

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Posted 29 October 2014 - 01:54 PM

More likely ' THIS IS THE END"

I think I might be hearing Jim Morrison and the doors tuning up in the background with "come on baby light my fire"

PureBS

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#89 dougie

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Posted 29 October 2014 - 01:54 PM

how LOW can she go? Tell me

#90 dougie

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Posted 29 October 2014 - 02:11 PM

loohs lie that was the RIGHT idea

GDX double bottomed at 20.05, HUI/XAU/GDM all eked out a new decline low and we are hanging a bit above those lows at this time. Potential bullish series of hourly RSI divergences into this series of recent marginal new lows, daily stuff diverging as well. I continue to favor a post triangle thrust is at/near completion, it may come down to the Fed stuff in a few hours, we see

BSing away

Senor



I am thinking one more spike down on Fed news/manipulation with a good reversal after would help complete the pattern for me.


Looks like this was the wrong idea.