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merriman part 3

Started by dharma , Apr 11 2016 10:50 AM

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87 replies to this topic

#71 senorBS

Member

TT Member+
10,962 posts

Posted 23 April 2016 - 10:45 AM

i think next week is the bottom of this correction/consolidation. my date is the 26th . fed and boj meet on the 27th. the boj hired krugman , who is a print aholic. so it fits in w/abe and kurodas mo. i will buy either today or tomorrow/monday. not sure i have ever seen mercury, saturn, jupiter, pluto, and mars all retrograde at the same time before.

here is a comparison chart of the present market to the 80 gold bull http://gracelandupda...016apr22zh1.png

i found some of this discussion interesting http://forbiddenknow...ctic-week-27645

well marty and the dollar bulls may be in for a big surprise, it has been about a year since the dollar topped. and it continues to press the lows

lets see what the rest of today holds!

dharma

I'd love to see gold flush down to 1190-1200 next week to finish off a large correction, we see

Senor

i am starting to feel that gold has been spinning its wheels trying to take out 1261, w/no success. i look for a correction to take place, your #s are certainly possible. and this correction could very last a few weeks

dharma

it would be "idea" IMO as we have 5 up off the low and it could be a 2 wave bottom, might not happen but all the action since the rally highs at this time looks like part of an unfolding correction that is not yet done. However, often we do not get "ideal"

BSing away

Senor

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#72 dharma

Member

Traders-Talk User
9,620 posts

Posted 23 April 2016 - 01:18 PM

i think next week is the bottom of this correction/consolidation. my date is the 26th . fed and boj meet on the 27th. the boj hired krugman , who is a print aholic. so it fits in w/abe and kurodas mo. i will buy either today or tomorrow/monday. not sure i have ever seen mercury, saturn, jupiter, pluto, and mars all retrograde at the same time before.

here is a comparison chart of the present market to the 80 gold bull http://gracelandupda...016apr22zh1.png

i found some of this discussion interesting http://forbiddenknow...ctic-week-27645

well marty and the dollar bulls may be in for a big surprise, it has been about a year since the dollar topped. and it continues to press the lows

lets see what the rest of today holds!

dharma

I'd love to see gold flush down to 1190-1200 next week to finish off a large correction, we see

Senor

i am starting to feel that gold has been spinning its wheels trying to take out 1261, w/no success. i look for a correction to take place, your #s are certainly possible. and this correction could very last a few weeks

dharma

it would be "idea" IMO as we have 5 up off the low and it could be a 2 wave bottom, might not happen but all the action since the rally highs at this time looks like part of an unfolding correction that is not yet done. However, often we do not get "ideal"

BSing away

Senor

yes, i hear you and bull s dont make it easy to get on board, especially this early in the birth of a bull. its why i will not be looking for a deep correction. havent decided on my strategy yet, its what weekends are for. good to see you. thanks for posting

dharma