54 replies to this topic

[tria]

Semi, you not only have time on your side (-15hours and ticking) but you also have now a certain V.I.P. Eric Hadik on your side too !

Lucky you..

          Gold Attacking 3--5 Year Downside Target;

1033--1045/GC Remains Primary Objective for 2015.

 

US Secretary of State John Kerry just landed in Athens.

The Syrian, the immigrants and economic refugees huge problems will be mainly discussed apart from the recent developements in the wider South-East Mediterranean region, and not exluding the energy pipelines .

Edited by tria, 04 December 2015 - 04:12 AM.

[tria]

I don't like this plethora of call buyers yesterday one bit.

In fact I hate it. Not good at all, I tell you!

 

12/03/2015

CBOE Options on SPDR Gold Shares - (GLD)

Call                 Put               Total

43,211             5,028            48,239

Edited by tria, 04 December 2015 - 05:41 AM.

[tria]

There should be no let up in the pressure in the Euro and the CHF into the close.

It has to do with the Dec comex futures options expiring at the close today.

The naked call writers were caught with their pants down, typical short squeeze..

[SemiBizz]

As long as 1097 holds, we're still in a bounce in a very long bear market...

 

Over 1097... we could get a bounce to 1151.

[tria]

As long as 1097 holds, we're still in a bounce in a very long bear market...

 

Over 1097... we could get a bounce to 1151.

As long as one is long and not short until then, its ok with me.

Long term I may not even be around here, I am over 16 and have applied to live in the moon next decade.

I am told nuggets cheaper there and in abundance.

 

 

Kind regards,

el-tria

[tria]

On 11/2 I posted that GDX looked like it had completed a small diamond bottom reversal pattern and had broken to the upside. Initial first target was around $14.70.

Target reached today and hence I let go of the dangerous NUGT and JNUG long position for about +20% profit.

 

Have enough of other PM longs including Platinum, Palladium, GDXJ 2017 options, Gold & Silver futures etc.

One must not be greedy especially with X3 leveraged ETFs.

Edited by tria, 04 December 2015 - 11:10 AM.

[dougie]

I thought Hadik called the bottom in August?

He sure seems to blow with the wind

Semi, you not only have time on your side (-15hours and ticking) but you also have now a certain V.I.P. Eric Hadik on your side too !

Lucky you..

          Gold Attacking 3--5 Year Downside Target;

1033--1045/GC Remains Primary Objective for 2015.

 

US Secretary of State John Kerry just landed in Athens.

The Syrian, the immigrants and economic refugees huge problems will be mainly discussed apart from the recent developements in the wider South-East Mediterranean region, and not exluding the energy pipelines .

[tria]

Thit is the point in sailing/trading Dougie, you constantly adjust the sails according to the prevailing wind.

It is not Eric's fault that the wind was not steady during this abnormal period.

Anyway what is a 3-month elapsed time (relative to eternity) between friends ?

Gold is eternal, we have discussed this with Russ before.

 

I thought Hadik called the bottom in August?

He sure seems to blow with the wind

Semi, you not only have time on your side (-15hours and ticking) but you also have now a certain V.I.P. Eric Hadik on your side too !

Lucky you..

          Gold Attacking 3--5 Year Downside Target;

1033--1045/GC Remains Primary Objective for 2015.

 

US Secretary of State John Kerry just landed in Athens.

The Syrian, the immigrants and economic refugees huge problems will be mainly discussed apart from the recent developements in the wider South-East Mediterranean region, and not exluding the energy pipelines .

 

Edited by tria, 04 December 2015 - 12:56 PM.

[dougie]

quite right but he never ackwoledges that but rather pretends this was his course all along

[tria]

I'll post a few charts for your weekend perusal, if I may.

It has been an interesting week after all.

In like a   -  out like a   -  for the USD that is -

 

 

 

Second chart is a nice bearish MCD-T chart

Above two charts by Norm / T-Theory forum

 

 

Third chart by BigBang investor /T Theory forum

 

 

Fourth chart, and you have seen before, by Eddie

 

Have a pleasant weekend all,

el-tria

Edited by tria, 04 December 2015 - 01:20 PM.