i look at this as a gift fwiw is their risk of course
but that is the game i am adding here
Posted 23 September 2020 - 08:28 AM
i look at this as a gift fwiw is their risk of course
but that is the game i am adding here
Posted 23 September 2020 - 08:49 AM
Ok could not resist and dipped my toes in, bot smallish SILJ position at 13.89 and KL at 47.80. have orders in a bit lower on both these. Again these are now my only positions, so maybe 8% long, as always DYODD
Senor
Posted 23 September 2020 - 08:55 AM
BTW GDXJ needs to take out or at least get closer IMO to 54.94 - not too far away
Senor
Posted 23 September 2020 - 09:16 AM
BTW GDXJ needs to take out or at least get closer IMO to 54.94 - not too far away
Senor
GDXJ filed at 54.79, added KL just below what was possible wave A low at 47.44 and SILJ second tranche at gap fill at 13.60 area. Again smallish positions, now about 15%-18% long. Done for now.
Senor
Posted 23 September 2020 - 09:18 AM
I have some orders layered in that "gap Fill area", FWIW
Posted 23 September 2020 - 09:31 AM
Gold cash chart is THE most interesting at this time, from Sep 16 possible wave "e" of larger B wave contracting tri one can now count 5 down and getting very oversold, so far we have not taken out wave A low at 1862 - do we fail or is there more to come? This IMO is "possibly" the most high confidence of the "potential" bullish counts. I am only taking lightish positions until I see a reversal that might add odds to a possible key low, GLTA
Senor
Posted 23 September 2020 - 09:32 AM
probably finishing up iii of c here we are close
Posted 23 September 2020 - 09:37 AM
I have some orders layered in that "gap Fill area", FWIW
SILJ had a nice gap fill at 13.57, also was looking at how much the SILJ/SLV chart had corrected vs the HUI/GLD chart. I will remind myself and others that IF this is not an ending corrective wave it is IMO a larger 3 - if I had more confidence I would "load the boats". I bottom fish with smaller positions, if I get 5 up from somewhere in this area then I LOAD.
Senor
Posted 23 September 2020 - 10:00 AM
folks plain and simple this is capitulation. havent gotten the dsi yet. but it looks like the commercials are getting out of their shorts and the other side is panicking. i am on the buy. . but patient and no frenzy.
dharma