84 replies to this topic

[dharma]

sounds like a lot of fear chartist. revolutions occur when the youth are unemployed. so while the guys w/chairs and whips move and direct the masses i doubt they win anyway. as i said i do see changes taking place to create the gold bull era. corrections are part of the process we are not oversold yet on a daily . DSI fell 4 points to 12%... Today's DSI is lower than it got in September even though the Gold price is higher than those September lows. That’s a bullish divergence. after 4yrs of a devastating bear market in gold and especially in the miners. patience has worn thin i am in the camp, for now, that we bottomed and are in a base building process. but i am open to being wrong and new lows being on tap. thus my strategy buy weakness and sell strength. i saw in 80 guys held for 1k it didnt happen for more than a score later and by then the money was worth a whole lot less. dharma

[dougie]

Seems to me we ruled out the possibility that this is a wave 4 correction with the overlap of putative 4 and 1 So the up was an Abc and down we go!! Bounce first?

[dharma]

Seems to me we ruled out the possibility that this is a wave 4 correction with the overlap of putative 4 and 1
So the up was an Abc and down we go!!
Bounce first?

that is certainly a very real possibility i have been counting the whole move from the july lows as a 5 w/no closing overlaps
i want to point out the low for the bear was august 1976 , so the 40 yr cycle could have another year to go. if so , i would think 940-960s would mark the lows.
as always we will see in the fullness of time
dharma

[dharma]

meanwhile the miners are firm oil up $2 dharma

[AChartist]

I wouldnt call it fear, just observing history and reality. I've had a way of staying a step ahead of them, and prospering really. Its spiritual I think, learning more about that as its really a science of consciousness and it's physics. Lots of things I postulate about happen more or less connecting the dots. No I dont think they are successful but I think we need to eat in the mean time. I was around a lot of wwi and ii vets when very young and saw what the age was doing to avoid vietnam. I have observed the conspiracies in real life. The old people talked all about the rothchild/rockefeller communist war conspiracies and still refered to the communist conspiracies around civil war. There was an intelligence it this country at one time and they knew what the fight was, maybe they didnt really know but they attempted to observed reality. Notice the IQ crash in recent years. In their day they read.