98 replies to this topic

[Russ]

yes some missed calls but some great calls too, like oil and the dow. I am still showing good trends for the final low in Sept. close to the pi cycle turn, so that's a couple of months away, which gives gold lots of time break $1000, he may very well be right on those numbers which the lower one would be a good test of the 1980 high. So either Eric Hadik will end up with egg on his face or MA. A few of the bulls already are quite wrong. Thanks for all your contributions too Dharma.

russ, as you have brought out here in the 90s he made alot of missed calls. his trading got him into trouble.
@ present he has been right on gold since the 11 top. i suspect his call for 908 and 873 stand a good chance of being wrong.
i see the specs pressing here. as usual they will overstay their welcome. we shall see.
dharma
thanks for sharing

[Russ]

btw.... i had a synchronistic event a few weeks ago... i saw a car with the license plate DST142 , if gold hits the 900 area that number for dust is quite possible.

[stubaby]

Dharma:

My EW count FWIW (on HUI):

http://stockcharts.c...amp;a=326114035



stubaby

[risk_management]

Dharma:

My EW count FWIW (on HUI):

http://stockcharts.c...amp;a=326114035



stubaby

That would be brutal. But theoretically maybe it would make sense if yellen is going to be raising rates until mid next year. \if this is the case, would also expect market and especially nasdaq to be advancing during this time.

Edited by risk_management, 17 July 2015 - 10:34 AM.

[dharma]

hi stu, no annotations on the chart that i see!? hadik i received an update yesterday for him downside objective achieved major cycles achieved the downside and timewise price objectives he says between now and july 31st bottom should be in well if the decline extends past his date then what? the only index i see that is indicating bottoming action is the gdxj which has made lower lows on the daily but higher rsi readings will the spec shorts continue to press . pigs get slaughtered so far double bottoms have not held. will this time be different eu will be printing money to bail out greece. this printing, thus far has not been registered on the gold price. so i dont see much +effect for price appreciation @this point china announced its gold reserves @1658 tons!!! so all of the james bond theories are bunk. they are buying , based on simple math 10 tons a month. however, their plans to make the yuan an international currency call for a larger much larger gold reserve. i am detecting puking going on, nice terms capitulation. i am also detecting commercials buying what the large specs(pressing the price ) what the specs are selling the next couple of cots will either verify that or not dharma next post i will start a new thread

[johngeorge]

dharma

Thanks for all your posting Just as an aside, since you are going to start a new thread, I bought UGAZ 1/3 position. $NATGAS appears to be holding up relative to most other commodities. Fairly tight stop.

[dharma]

not much from todays cots. keep in mind the data ends on tuesday 7/14
http://news.goldseek.../1437161460.php
dharma

[tradesurfer]

Dharma:

My EW count FWIW (on HUI):

http://stockcharts.c...amp;a=326114035



stubaby

I cannot see the annotations either

[stubaby]

Dharma:

My EW count FWIW (on HUI):

http://stockcharts.c...amp;a=326114035



stubaby

I cannot see the annotations either

http://stockcharts.c...a=326114035.png