405 replies to this topic

[dharma]

yes, i know the feeling. 

and then there is this guy http://www.commodity...tical-tensions/

dsi =79% so this # is quite high , its come down , but still high

hgnsi=34.62%

in this game running w/the herd does not provide safety! in fact its a death knell 

todays cot will be interesting

dharma

[dharma]

 cots

http://news.goldseek.../1492803113.php

commercials got even more short. they did this before brexit. and had to sit and wait to run another scam to bring the market down to cover their shorts

what if le pen forces a run off

will not be good for the euro, which is toast sooner or later

dharma

[gannman]

from what i see of the e wave we are almost done. i dont think we will see much price damage from these levels. famous last words ha ha

 

but i really dont

[dougie]

Take out 1305 with gusto will get my attention
Till then new lows are in store IMO

[Smithy]

Hmm.. as y'all know with the COT data, the commercials keep piling on the shorts until the price drops. Analysis of history shows it is not so much the total, but the speed (amount) with which they add (momentum, i.e RSI). Unfortunately for the bulls they are piling on the shorts (the other side of that trade, the hedgies are buying like crazy) and my COT trading system has given a sell signal.

 

Bulls beware! As discussed during the week, they are wrong perhaps once a decade, not something I'd bet on. 

[Smithy]

Twiggy (Aussie Colin Twigg) is bullish...

 

[Smithy]

More on the bearish side of the teeter totter, A week away, Monday May 1st is the NUGT r-split date, with 100% history of price drops following.

 

4/2/13   1 for 5

8/20/13  1 for 10

10/1/15 1 for 10

8/25/16  5 for 1

5/1/17  4 for 1

 

http://www.splithist...om/?symbol=nugt

 

The splitters should be locked up for the associated price manipulation.

[Smithy]

Thorson fearlessly predicting a drop

 

"The correction into May has begun."

 

http://news.gold-eag...y-has-begun/592

 

Any of our gold cycle students care to pipe up?

[Smithy]

For those long awaiting the "18 week cycle low" due at the end of this month, it is not what it is cracked up to be.

 

[dougie]

Thanks Smithy. Pull up a weekly gold chart and draw the DT line