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More sideways action in Gold seems reasonable to me


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#11 dougie

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Posted 17 May 2016 - 04:19 PM

Why the sarcasm?
Do I not post my thoughts and charts here?
Hope you bought Obv when I recommend it

#12 tria

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Posted 17 May 2016 - 05:06 PM

Why the sarcasm?
Do I not post my thoughts and charts here?
Hope you bought Obv when I recommend it

 

Dougie, a few days back I think you mentioned that you did not have the chance

of selling some before a potential correction. All I did in good humor was to suggest

that you could be selling some today together with the Pros. If you call this "sarcazsm"

I am at a loss to explain. No problem with me, no more light hearted jokes/comments.

 

BTW, no stk symbol OBV in StockCharts.com that I can find/see.


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


#13 tria

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Posted 17 May 2016 - 05:22 PM

Congrats are due to the GDXJ for the new high today.

Its triple sister the JNUG could not achieve the same but she tried at least.

 

Moves out of triangles are terminal usually so the GDXJ should be very careful near/medium term.

 


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


#14 dougie

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Posted 18 May 2016 - 01:07 AM

Sorry OBM.to

Why the sarcasm?
Do I not post my thoughts and charts here?
Hope you bought Obv when I recommend it

 
Dougie, a few days back I think you mentioned that you did not have the chance
of selling some before a potential correction. All I did in good humor was to suggest
that you could be selling some today together with the Pros. If you call this "sarcazsm"
I am at a loss to explain. No problem with me, no more light hearted jokes/comments.
 
BTW, no stk symbol OBV in StockCharts.com that I can find/see.


#15 tria

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Posted 18 May 2016 - 01:15 AM

Mistake


Edited by tria, 18 May 2016 - 01:25 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


#16 tria

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Posted 18 May 2016 - 01:22 AM

Confirmed distribution by the Pros yesterday in GLD, NEM and the GDX and in that order of the outflows size.

Hope some traders took the opporunity to disribute some if felt they were overloaded.

 

An interesting but busy chart that shows that wave-(IV) that ended at $1,045.40 late last year, should not have

fallen below $989.60 ie., the high of wave-(I).

 

Chart courtesy of an anonymous painter, sorry. Click on to enlarge if you may wish.

The wave(IV) annotation should be moved from the June 2013 low to the Dec 2015 lower low obviously.

 

 

 

 

 


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


#17 tria

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Posted 18 May 2016 - 02:04 PM

Dougie, perhaps today you may have realized why I suggested that some distribution was in order

near yesterday's highs in the GDX & GDXJ.

 

Sorry OBM.to

 

Why the sarcasm?
Do I not post my thoughts and charts here?
Hope you bought Obv when I recommend it

 
Dougie, a few days back I think you mentioned that you did not have the chance
of selling some before a potential correction. All I did in good humor was to suggest
that you could be selling some today together with the Pros. If you call this "sarcazsm"
I am at a loss to explain. No problem with me, no more light hearted jokes/comments.
 
BTW, no stk symbol OBV in StockCharts.com that I can find/see.

 


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


#18 tria

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Posted 18 May 2016 - 02:38 PM

Buying Silver 16.77 & 16.57 if oferred till this Friday.


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


#19 tria

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Posted 18 May 2016 - 02:50 PM

Buying Silver 16.77 & 16.57 if oferred till this Friday.

 

Filled on the 16.77


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


#20 dougie

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Posted 18 May 2016 - 04:21 PM

 

Dougie, perhaps today you may have realized why I suggested that some distribution was in order

near yesterday's highs in the GDX & GDXJ.

 

Sorry OBM.to

 

Why the sarcasm?
Do I not post my thoughts and charts here?
Hope you bought Obv when I recommend it

 
Dougie, a few days back I think you mentioned that you did not have the chance
of selling some before a potential correction. All I did in good humor was to suggest
that you could be selling some today together with the Pros. If you call this "sarcazsm"
I am at a loss to explain. No problem with me, no more light hearted jokes/comments.
 
BTW, no stk symbol OBV in StockCharts.com that I can find/see.

 

 

I dont doubt your calls, just didnt follow your humor. my bad