silver does not look 'fugly' it's blasting off.
Edited by Russ, 08 December 2016 - 07:17 AM.
UGLY bottom or classic?
Started by
senorBS
, Nov 17 2016 01:30 PM
152 replies to this topic
#141
Russ
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Posted 08 December 2016 - 07:17 AM
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#142
senorBS
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Posted 08 December 2016 - 08:54 AM
silver does not look 'fugly' it's blasting off.
was that premature "eblastulation"
, with gold back to 1170 it looks even more FUGLY to me,
NO BS
Senor
Edited by senorBS, 08 December 2016 - 08:54 AM.
#143
Smithy
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Posted 08 December 2016 - 09:01 AM
Nah,silver made its low at 16.18
#144
senorBS
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Posted 08 December 2016 - 09:50 AM
bot a small GDXJ trading position at 35.75 - tight stop
BSing away
Senor
#145
senorBS
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Posted 08 December 2016 - 01:20 PM
bot a small GDXJ trading position at 35.75 - tight stop
BSing away
Senor
got out at 35.80 and should not have done a trade as its just too messy and we have the FED meeting next week
NO BS
Senor
#146
Russ
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Posted 09 December 2016 - 12:32 PM
Armstrong just posted that Gold is headed under a thousand, so it must be time for it to rally. 
Coming off it's lows now. https://www.armstron...into-the-abyss/
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#147
senorBS
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Posted 13 December 2016 - 11:01 AM
Well I titled this thread with "ugly bottom" being suggested as a possibility, the more trading has progressed the more MUY MALO it looks, could be a classic but I remain very, very cautious in my trading. As always DYODD
Pure BS
Senor
#148
dougie
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Posted 13 December 2016 - 12:07 PM
The entire consolidation could be setting up for a massive wave down.
#149
senorBS
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Posted 13 December 2016 - 02:05 PM
The entire consolidation could be setting up for a massive wave down.
The entire consolidation could be setting up for a massive wave down.
or could be one of the best wave 2 buying opps of the past decade? Either scenario is POSSIBLE, its why many of us study things like technical analysis, contrary opinion, chart reading etc to try to figure out which direction is most likely. As I have said I am VERY cautious here but I do lean toward a bullish resolution but am only willing to bet lightly with a smallish long position - at least for now.
BSing away
Senor
#150
Smithy
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Posted 16 December 2016 - 09:23 AM
Senor, as of Friday morning hourly platinum has 5 waves up. A penny for your thoughts.
