44 replies to this topic

[senorBS]

took a profit on more aggressive positions, will keep a core long and trade around it, simply has been fantastic trading

 

BSing away

 

Senor

[dharma]

took a profit on more aggressive positions, will keep a core long and trade around it, simply has been fantastic trading
 
BSing away
 
Senor

good job! the market appears to be impulsing. dont think this wave is done until 1200 is in the rear view mirror
dharma

Edited by dharma, 09 January 2017 - 02:51 PM.

[denmo83]

took a profit on more aggressive positions, will keep a core long and trade around it, simply has been fantastic trading

 

BSing away

 

Senor

Congrats!

[goldfungus]

 

took a profit on more aggressive positions, will keep a core long and trade around it, simply has been fantastic trading
 
BSing away
 
Senor

good job! the market appears to be impulsing. dont think this wave is done until 1200 is in the rear view mirror
dharma

 

Agree. I follow this guy. Won't help you trade but can make you feel more confident about you investments:

http://www.acting-ma...8290#more-48290

[Smithy]

Senor, you counting a completed 5 waves up?

[senorBS]

Senor, you counting a completed 5 waves up?

si, today could have ended wave "b" of a developing abc decline in the HUI/GDX/XAU

[senorBS]

Gold stocks appear to be lagging with the new gold and silver highs this morning and wave structure "appears" to be signaling some possible upside completion. However, this is where I will keep an intermediate tern core position of longs and look to add more aggressive positions "if" we do correct, because if there is a big "surprise" IMO it will be to the upside. Lets see if we do get a top and perhaps several day pullback here.

 

Senor

[senorBS]

the GDX rally high was last Thursday, so far the last 3 trading days has seen a very "high level" consolidation, now we "might" see further correction but the stocks and metals are so far acting like they do not want to give up much ground and I will continue to hold a core long position, lot of folks I think waiting to get in - will the market accommodate? we see

 

BSing away

 

Senor

Edited by senorBS, 10 January 2017 - 03:50 PM.

[senorBS]

Dollar index is REALLY interesting here with what IMO is a clear big 5 down to recent lows and now a corrective rally likely completing/ed above 102.50, amazingly no pullback at all in gold "so far" with this current short term leg up. If DXY soon begins a possible 3 down gold could keep rallying with only a small pullback, we see

 

Senor

[gannman]

i think if gdxj take out 37.6 we should see a strong move up maybe to 40 41 area