38 replies to this topic

[senorBS]

Hola boyz and girls, with an el crasho underway in miners I thought it was time to drop by and say Hola! Looks like the latter stages of a capitulation/panic stage to me - somewhat like 2008. However as we all know this stuff can go farther than we think and even faster, it already has for me. I'll throw out a total guess and say the HUI bottoms at 110 plus or minus 5 points, this is epic stuff and fear is deep, should be fun Senor

[goldfungus]

Hola boyz and girls, with an el crasho underway in miners I thought it was time to drop by and say Hola! Looks like the latter stages of a capitulation/panic stage to me - somewhat like 2008. However as we all know this stuff can go farther than we think and even faster, it already has for me. I'll throw out a total guess and say the HUI bottoms at 110 plus or minus 5 points, this is epic stuff and fear is deep, should be fun

Senor

Hola Senor. Nice to hear from you. You've been on a long bike ride! LOL

[risk_management]

Hola Senor. Great to see you back here.

[senorBS]

GDX volume at almost 160 mil shares biggest in its 9 year history, daily HUI and XAU RSI registering most oversold extremes in the 20 yrs of data I have, easily below 2008 panic RSI lows. Can we see the fear is our eyes? Senor

[tradesurfer]

The low in the xau in year 2000 was 41.61 Senor is it really going to be that easy that 41.61 is the final low? Or do we break even lower than that on xau

[johngeorge]

Senor So good to see your post. Know you have been missed. Thanks for the HUI target because it blew right through what I thought could be a low of 121. Time for me to start looking at NUGT. Maybe pick up some physical too. Best to you.

[gannman]

welcome back senor u been gone too long. ill watch here i would like to see a bounce that fails and then a retest of a low fwiw

[senorBS]

The low in the xau in year 2000 was 41.61

Senor is it really going to be that easy that 41.61 is the final low? Or do we break even lower than that on xau

One grande LOL on anything here being EZ!!!!!!!! Utter slaughter going on now, could go further, simply cannot predict where/when a low. Haven't seen a panic like this is a good while in the miners, look at what has happened in the HUI/Gold ratio just the past few days. Gold get trashed today and silver not down much. My best guess is we bottom this week and get a muy bueno several day or several week bounce, no reason to speculate on any final low, loco times

Senor

[Kimston]

My best guess is that a major price low in mining indicies (when it occurs) will be made at exact geometric projections just like the top in 2011. I'm still waiting to see where we're at when potential timing confluence points occur, like 8/28 area and later in the year.

Kimston

[Russ]

Hi Senor, Good to see you here again, things are getting interesting again. Russ