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wave 3??!!


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#531 gannman

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Posted 05 July 2017 - 01:55 AM

it looks like the dollar is due for a bounce in a counter trend wave 2 which could cause the drop in gld that trade surfer is talking about

 

after wave 2 is over then we should start a pretty serious decline in the dollar which i would think would be the advent of a wave 3 up in gld

 

just speculation fwiw one of many possibilities and i am thinking maybe another 2 or 3 weeks before the sector is ready to really advance 

 

not this corrective b.s. we have been doing for almost a year  the top in gdx last year was  i think aug 11 or 12 so maybe even until then

 

before we are ready to advance 


Edited by gannman, 05 July 2017 - 02:02 AM.

feeling mellow with the yellow metal


#532 senorBS

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Posted 05 July 2017 - 08:19 AM

did some pre market buying, as always DYODD

 

Senor



#533 Smithy

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Posted 05 July 2017 - 08:44 AM

Good luck, Senor.



#534 senorBS

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Posted 05 July 2017 - 09:12 AM

Good luck, Senor.

thx, oversold across the board, all kinds of divergences and possibly ending wave patterns, no guarantees but death, taxes , ans muy stupido Trump tweets!napoleon.gif as always DYODD

 

Senor



#535 Smithy

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Posted 05 July 2017 - 09:22 AM

Yeah, and Tommy Denham will be canonized into Sainthood yet, LOL



#536 senorBS

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Posted 05 July 2017 - 09:39 AM

Yeah, and Tommy Denham will be canonized into Sainthood yet, LOL

still thinkk he and some of us will be right, often earlysweatingbullets.gif

 

ALERT: Senor traveling within the hour so those regs know about the "Senor on the fly" indicator, augurs well perhaps for a big low this mornin! we see LOL

 

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#537 dharma

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Posted 05 July 2017 - 09:39 AM

listening now https://forbiddenkno...th-greg-hunter/

 

 

jobs report friday, golds tendency is to go down into the report and then rally out of it

dharma



#538 dharma

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Posted 05 July 2017 - 09:50 AM

GST is a miracle! l I am very surprised it went through and it's going to change India completely. It will make it in the long run, it will make it cheaper and more efficient for most businesses. I'm very very surprised! (iShares MSCI Emerging Markets Index ETF (EEM), WisdomTree India Earnings Fund ETF (EPI), Sensex)
 
 
 
 
 

this is from jim rogers

 

dharma



#539 dharma

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Posted 05 July 2017 - 11:25 AM

a great reminder , and if you are not old enough to remember these prices then a revelation

http://kingworldnews...I-1024x1016.jpg

 

dharma



#540 gannman

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Posted 05 July 2017 - 02:07 PM

nem showing some life here which is good. dont think it has bottomed yet we need one more thrust down imo 

 

if that happens i want to see how it comes out of it  all fwiw


feeling mellow with the yellow metal