Jump to content



Photo

The sky ain't blue in the short term-imo


  • Please log in to reply
58 replies to this topic

#51 tria

tria

    Member

  • Traders-Talk User
  • 2,325 posts

Posted 10 November 2015 - 08:53 AM

Had to try long Platinum @ $902 Stop about $10 lower. -tria

In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.

"You miss 100% of the shots you don't take."
~ Wayne Gretzky


#52 tria

tria

    Member

  • Traders-Talk User
  • 2,325 posts

Posted 12 November 2015 - 06:14 AM

testing

Edited by tria, 12 November 2015 - 06:16 AM.

In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.

"You miss 100% of the shots you don't take."
~ Wayne Gretzky


#53 tria

tria

    Member

  • Traders-Talk User
  • 2,325 posts

Posted 12 November 2015 - 06:15 AM

I think/believe this week's pathetic tight trading range will soon be over, say by Friday the 13th or next Monday.

Looking at the GLD chart, one more slightly lower low will look better for the completion of a 5-wave count from the 11/14 high.

I would would call the 108 gap a midway gap and the 105 one, an exhaustion gap.

http://stockcharts.c...id=p95387722927

Bottom line time for a rebound, sooner rather than later.

-tria

In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.

"You miss 100% of the shots you don't take."
~ Wayne Gretzky


#54 cedartree

cedartree

    Member

  • Traders-Talk User
  • 69 posts

Posted 12 November 2015 - 09:51 AM

Bottom line time for a rebound, sooner rather than later. -tria Sky just turned blue!

#55 tria

tria

    Member

  • Traders-Talk User
  • 2,325 posts

Posted 12 November 2015 - 10:13 AM

When Hutton talks people should listen, was an E. F. Hutton & Co advertisement in the 80's. When Ms Yellen talks, people should listen but I will not do so. She has cried 'wolfe' one too many times for my liking. I think she should procastrinate this year or her actions will come back to haunt her later. Her obcession to pull the triger this year instead of waiting for more evidence, had the same initial effect in the PMs as if she's already raised them once and perhaps twice. Please Lady make my day, I am waiting to sell your 'old news' no mater what in mid-December. Thank you. Meanwhile I narrowly missed a fill on some excess baggage of Gold naggets GCG16 @ $1,173.90 Live to fight another day... -tria :angry:

In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.

"You miss 100% of the shots you don't take."
~ Wayne Gretzky


#56 tria

tria

    Member

  • Traders-Talk User
  • 2,325 posts

Posted 12 November 2015 - 10:37 AM

http://stockcharts.c...id=p07648381574

Interesting chart and settings by Lee, from the T-theory forum.

-tria

In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.

"You miss 100% of the shots you don't take."
~ Wayne Gretzky


#57 tria

tria

    Member

  • Traders-Talk User
  • 2,325 posts

Posted 12 November 2015 - 02:16 PM

Don't mind the gap, it was closed today - Amen

http://stockcharts.c...id=p54172652709

-tria

In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.

"You miss 100% of the shots you don't take."
~ Wayne Gretzky


#58 tria

tria

    Member

  • Traders-Talk User
  • 2,325 posts

Posted 13 November 2015 - 08:02 AM

The positives:
Intermarket positive divergences between, Gold and Silver, Gold and GDX, Platinum and Palladium.
Previous important lows are/were tested on lesser volumes, (SemiBzzs important obserbvation).
ADX brown line positive weekly divergence.
OBV positive weekly divergence.
New moon behind us.
O.I. has been decreasing as price was dropping indicating the bulk of the liquidation should be over and done with.
Many are looking for a Gold $1,000 elusive test or lower.

I would rather spend my time on deciding whether Gold moves to a new all times high ever again rather than to exhaust myself in concern of another $50-$70 drop and after a $.

http://stockcharts.c...id=p67513986442

http://www.barchart....p;txtDate=#jump

The negatives:
The trend, your friend is down, untill he isn't...
Trying to frontrun you friend's mood/direction can be hazardous to ones health, so says the Finance/Equities Surgeon General.

-tria

Edited by tria, 13 November 2015 - 08:09 AM.

In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.

"You miss 100% of the shots you don't take."
~ Wayne Gretzky


#59 tria

tria

    Member

  • Traders-Talk User
  • 2,325 posts

Posted 13 November 2015 - 08:26 AM

Oh, add to the positives that the GLD put/call ratio, lately indicates some fear in the PMs in complete contrast to last months exuberant numbers. -tria

In the world of 0 and 1: "austerity" is the right thing to SAY; "spent more, print more" is the right thing to DO.

"You miss 100% of the shots you don't take."
~ Wayne Gretzky