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The REAL wave 3, possible V bottom thread


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#81 dougie

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Posted 11 March 2020 - 09:29 PM

senor BS OK?



#82 gannman

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Posted 12 March 2020 - 02:47 PM

jnug down 50 percent jesus


feeling mellow with the yellow metal


#83 K Wave

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Posted 12 March 2020 - 03:01 PM

jnug down 50 percent jesus

 Really really glad I sold NUGT at 40 now when I saw PL misbehaving badly...at $12 now. Cue up the Surfaris...

 

Hopefully good lesson learned by all on the board from how that all worked out....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#84 stubaby

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Posted 12 March 2020 - 03:02 PM

 

jnug down 50 percent jesus

 Really really glad I sold NUGT at 40 now when I saw PL misbehaving badly...at $12 now. Cue up the Surfaris...

 

Hopefully good lesson learned by all on the board from how that all worked out....

 

thanks K Wave



#85 crossd

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Posted 13 March 2020 - 05:52 AM

https://www.mcoscill...spite_covid-19/

(bearish on gold..donc)



#86 Smithy

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Posted 13 March 2020 - 06:18 AM

 

https://www.mcoscill...spite_covid-19/

(bearish on gold..donc)

 

 

Donc, I think McClellan has it wrong. He's based his analysis on mostly bear market action and we're in a bull. His 13.5 month cycle trough (which he doesn't show) is due April 8th. I think that is good and may prove to be the general area of a low, give or take a few weeks.



#87 gannman

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Posted 13 March 2020 - 07:38 AM

that was smart k wave. i had some puts on the indices i sold yesterday time to watch


feeling mellow with the yellow metal


#88 K Wave

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Posted 13 March 2020 - 08:20 AM

I will give Gold this, The metal itself has held up remarkably well, even after yesterdays expected panic move down.

 

Will be interesting to see how it beheves in the coming weeks after the complete carnage we have seen in the Miners.

 

Covered all my 3x short metals plays in the IRAs yesterday.

 

Gonna watch for bit to see how this all plays out.

 

Silver does not look well on weekly chart now, but maybe it will stage miraculous recovery.

 

But if it does not, seems likely that Gold will eventually play catch up.


Edited by K Wave, 13 March 2020 - 08:22 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#89 stubaby

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Posted 13 March 2020 - 08:30 AM

I will give Gold this, The metal itself has held up remarkably well, even after yesterdays expected panic move down.

 

Will be interesting to see how it beheves in the coming weeks after the complete carnage we have seen in the Miners.

 

Covered all my 3x short metals plays in the IRAs yesterday.

 

Gonna watch for bit to see how this all plays out.

 

Silver does not look well on weekly chart now, but maybe it will stage miraculous recovery.

 

But if it does not, seems likely that Gold will eventually play catch up.

Yep - that's the real question here - will the reflation efforts pay-off and lift Silver vs Gold



#90 gannman

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Posted 13 March 2020 - 08:39 AM

does anyone know why jnug is down today ?


feeling mellow with the yellow metal