21 replies to this topic

[risk_management]

I mentioned yen the other day. 125 is the pivot high from years and years ago. It was natural to expect the reaction here. If this is it and dollar has hit the wall, meaning euro cooperates too, there won't be any low in July and we should be looking up. IMVHO

[dharma]

Got another free email from Eric Hadik 5 minutes ago.
Since I am not a subscriber (was once) he does not mention the exact specifics, price wise and the exact dates.
He does mention however of a major June/July low in the PMs and a XAU low in early July before a 3-5 years bottom becomes more likely.

I am still of the opinion of a mid June low but be prepared even for an early July low as well as another Autumn (higher?) low.

-tria

hi tria,
i received that update from hadik also, he has been spot on.
i have been looking for a low in his time frame (june/july) as well , which also coincides w/the seasonal lows
tomorrow mercury goes direct and sun/mars conjunct which is a war conjunction.
although the markets have been steady i think that is going to change
i also see a higher low or a low in the autumn
all the spinning plates are more and more difficult to balance.
dharma
armstrongs big bang is 2015.75