33 replies to this topic

[dougie]

I should add, so far i see no clear case that what we have off the lows is NOT an ABC with us finishing the C.

I dont see any clear 4rth wave

[johngeorge]

"Just curious: was any newsletter writer pounding the table on the Silvers last December"

 

Here you go dougie  CHART OF THE DAY  Dec 24, 2015

[dougie]

thanks JG. Savage has called more than one bottom in the past but i stopped reading him some time ago

[gannman]

imo its  a wave 3 wave 1 topped may 2 and wave 2 bottomed around may 31 or thereabouts imho of course as senor says it could be a wave 5 but im going wit wave 3 

[gannman]

in answer to your question jg my target is 380 to 400 on the hui on this run fwiw

[dougie]

wave 3 could be wave C no?

[dougie]

if we see 28 straightaway then a=c 

[senorBS]

wave 3 could be wave C no?

U know the answer, of course that is viable

 

Senor

[senorBS]

imo its  a wave 3 wave 1 topped may 2 and wave 2 bottomed around may 31 or thereabouts imho of course as senor says it could be a wave 5 but im going wit wave 3 

si that is the bull count, but it's also just as viable IMO when looking at a weekly GDX or HUI chart that last week completed 5 up - RSI has "so far" diverged badly against the previous rally high, so for me I am cautious watching GDX 25 area as a bull/bear line in da sand

 

Senor

[senorBS]

well the bull/bear case of 5th wave top in place vs ongoing 3rd wave norte is at a really interesting juncture as the GDX nears very key support at 25 level, got the popcorn out

 

BSing away

 

Senor