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expect the hui to pull back to about 265 area fwiw


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#1 gannman

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Posted 11 August 2016 - 04:48 PM

then start the next leg up which i believe could very well hit 400 fwiw


feeling mellow with the yellow metal


#2 AChartist

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Posted 13 August 2016 - 11:42 AM

my cycles do allow a drop, since I think sep 13 is the nearterm stock high that 

 

could be a gold low. I am moving 401k more to asia allocation now that gold is up to 25%.

 

I will not attempt to do anything about a gold drop but have much domestic stock funds

 

to rotate to a gold low. My 401k does depend too much on gold, when stocks are up and gold

 

is down the balance stays about even but the big gold days fix it suddenly so far, eventually I

 

will take a hit and this could be the gold decline coming due. But the cycles have been weak for a while and 

 

gold has not gone down, could it pass through the cycle low without going down much or at all, possible,

 

so I wont attempt to do anything about it but to average in lower if it happens.

 

 

And I am not necessarily calling a stock high for Sep 13, more a period of wide volatility and then up again, I did not call

 

the next pivot up yet waiting for the stock cycles to develop after Sep 13.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#3 crossd

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Posted 15 August 2016 - 10:20 AM

AChartist..FWIW

 

..the 4 yr election cycle agrees with you..

 

http://www.seasonalc...s_election.html

 

hi in Sep..dip into Oct..then new hi's thru the end of the year..

 

for me i think the odds favor a larger stock correction sometime in 2017

but not real early in the year..

 

donc