977 replies to this topic

[gannman]

i am looking at this thing. i try to be honest in trading yes i want a bottom in but if this thing 

 

has truly bottomed we have to see some juice here which i am not seeing

 

i also dont like the daily macds  here in gld and the gdx. it could most definitely

 

take another week here for a bottom to come in. do i think it is going to get killed no

 

but if it bottomed let gld take out 145 with some volume and let slv bust out on some volume 

 

believe me i am going to add on to my positions when i am convinced the bottom is in

 

but it could well take another week for this bottom to occur not being negative but i need those 

 

criteria to be met 

[dharma]

volume is very light today

dharma

[gannman]

https://wallstreetex...ignal-a-crisis/

[senorBS]

MACD rejection looks like another little low needed.

No

[hhh]

 

MACD rejection looks like another little low needed.

No

 

I didn't realize earlier that the posted chart is four days old and GLD did indeed make an (almost) double bottom with that last bar two days after it.

[dharma]

captain Ewave    gold-https://captainewave...oct1819gold.png

silver -https://captainewave...ewoct1819si.png

gdx-https://captainewave...woct1819gdx.png

i appreciate captain E waves work. it seems all gurus have a tendency to have their arrows either to heaven or hell

90% of the time markets do nothing

the repos continue. no one asks questions. there is obviously something wrong! 60billion a day @ one time was thought of as real money. today, no one even blinks! there is at the least a liquidity crisis

it seems to me that we could have bottomed. yes there are caveats, things not to like  but that could all get corrected in time.  

we are still in october.  

hadik has sent me a bunch of material the last couple of days. all of it around the middle east. he is thinking that starting in november there is going to be a flare up in the middle east his work centers around turkey, saudi arabia, iran , and jerusalem 

i dislike war.  i am thankful that trump is the 1st president in a while has not embarked on these costly intrusions into the middle east and afghanistan .sure we took out a number of these guys but at what cost? anyway

dharma. 

the chart patterns on gdx and gld  are quite bullish. 

as an investor one is always looking for something that is cheap ,undervalued

i have to think the miners are the trade of the decade. they are hated and way undervalued. 

either hennigh is a quack or he really knows his geology.  afterall, he was head geologist for newmont. 

Edited by dharma, 18 October 2019 - 11:08 AM.

[senorBS]

captain Ewave    gold-https://captainewave...oct1819gold.png

silver -https://captainewave...ewoct1819si.png

gdx-https://captainewave...woct1819gdx.png

i appreciate captain E waves work. it seems all gurus have a tendency to have their arrows either to heaven or hell

90% of the time markets do nothing

the repos continue. no one asks questions. there is obviously something wrong! 60billion a day @ one time was thought of as real money. today, no one even blinks! there is at the least a liquidity crisis

it seems to me that we could have bottomed. yes there are caveats, things not to like  but that could all get corrected in time.  

we are still in october.  

hadik has sent me a bunch of material the last couple of days. all of it around the middle east. he is thinking that starting in november there is going to be a flare up in the middle east his work centers around turkey, saudi arabia, iran , and jerusalem 

i dislike war.  i am thankful that trump is the 1st president in a while has not embarked on these costly intrusions into the middle east and afghanistan .sure we took out a number of these guys but at what cost? anyway

dharma. 

the chart patterns on gdx and gld  are quite bullish. 

as an investor one is always looking for something that is cheap ,undervalued

i have to think the miners are the trade of the decade. they are hated and way undervalued. 

either hennigh is a quack or he really knows his geology.  afterall, he was head geologist for newmont. 

things look promising, I see a lot of potential near term 5 ups in miner indices/ETFs from the lows, may have already ended a correction of that rally - so potential 1/2 off the low, we see

 

Senor

[senorBS]

 

captain Ewave    gold-https://captainewave...oct1819gold.png

silver -https://captainewave...ewoct1819si.png

gdx-https://captainewave...woct1819gdx.png

i appreciate captain E waves work. it seems all gurus have a tendency to have their arrows either to heaven or hell

90% of the time markets do nothing

the repos continue. no one asks questions. there is obviously something wrong! 60billion a day @ one time was thought of as real money. today, no one even blinks! there is at the least a liquidity crisis

it seems to me that we could have bottomed. yes there are caveats, things not to like  but that could all get corrected in time.  

we are still in october.  

hadik has sent me a bunch of material the last couple of days. all of it around the middle east. he is thinking that starting in november there is going to be a flare up in the middle east his work centers around turkey, saudi arabia, iran , and jerusalem 

i dislike war.  i am thankful that trump is the 1st president in a while has not embarked on these costly intrusions into the middle east and afghanistan .sure we took out a number of these guys but at what cost? anyway

dharma. 

the chart patterns on gdx and gld  are quite bullish. 

as an investor one is always looking for something that is cheap ,undervalued

i have to think the miners are the trade of the decade. they are hated and way undervalued. 

either hennigh is a quack or he really knows his geology.  afterall, he was head geologist for newmont. 

things look promising, I see a lot of potential near term 5 ups in miner indices/ETFs from the lows, may have already ended a correction of that rally - so potential 1/2 off the low, we see

 

Senor

 

BTW UUP and DXY one ugly looking weekly chart

 

Senor

[dharma]

fed balance sheet now topping 4trillion

dharma

nothing to see here move along

[dougie]

captain Ewave    gold-https://captainewave...oct1819gold.png

silver -https://captainewave...ewoct1819si.png

gdx-https://captainewave...woct1819gdx.png

i appreciate captain E waves work. it seems all gurus have a tendency to have their arrows either to heaven or hell

90% of the time markets do nothing

the repos continue. no one asks questions. there is obviously something wrong! 60billion a day @ one time was thought of as real money. today, no one even blinks! there is at the least a liquidity crisis

it seems to me that we could have bottomed. yes there are caveats, things not to like  but that could all get corrected in time.  

we are still in october.  

hadik has sent me a bunch of material the last couple of days. all of it around the middle east. he is thinking that starting in november there is going to be a flare up in the middle east his work centers around turkey, saudi arabia, iran , and jerusalem 

i dislike war.  i am thankful that trump is the 1st president in a while has not embarked on these costly intrusions into the middle east and afghanistan .sure we took out a number of these guys but at what cost? anyway

dharma. 

the chart patterns on gdx and gld  are quite bullish. 

as an investor one is always looking for something that is cheap ,undervalued

i have to think the miners are the trade of the decade. they are hated and way undervalued. 

either hennigh is a quack or he really knows his geology.  afterall, he was head geologist for newmont. 

that gdx 4 doesnt look complete to my eye