1292 replies to this topic

[senorBS]

weird stuff here, if someone would have told me yesterday afternoon that the Dow would reverse all of yesterday's loss plus adding almost a couple hundred more points I would have "guessed" that miners would have made up all or most of yesterday's losses. so far that's a real bad "guess", happy to be leavin this alone for now

 

Senor

[ryanoo]

that means gdx will go much higher tomorrow

[senorBS]

that means gdx will go much higher tomorrow

lol, probably so

[gannman]

i am wondering if the xau bottomed at 338 pm yesterday

 

possibly tempted to add here maybe i will 

Edited by gannman, 08 October 2020 - 10:21 AM.

[dharma]

this chart is significant  https://pbs.twimg.co...pg&name=900x900

so far support is holding.  on the fence here . patient.    is 1813 the calling or is the correction done.   i have no idea

stimulus will come , i cant say when

dharma

[ryanoo]

dailies are into oversold territory, and the hourlies are rising (miners above midline, gold is just starting from oversold).  so tomorrow or next week they may start to go up really. the stimulus deal could also make some progress especially if trump's own stimulus from steroid wears off a bit.

[AChartist]

Anyone seeing a .gov report that mint is repricing silver eagles to $65 each next week?

Was reported on silver doctors. Strange could be hoax?

[gannman]

thanks tim that would be great it would cause the whole complex to go crazy 

[CHAx]

 GC daily closing above 1923 would be bullish for next week and bearish below 1892.  A final print between the pivots or nearby should continue to be viewed skeptically.

Edited by CHAx, 09 October 2020 - 07:45 AM.

[dharma]

not sure  if this is a new leg or  a B wave. all the talk of the mid 1700s  , i thought rather than tell these guys it aint happening ,  i would lie low.   what a surprise.  surprises in a bull market are on the upside.  gannman nice work.  i believe this is 4of 3  wave 5s in commodities are the big ones.  we need to see a strong close to get me to lean towards.  the possibility of an end of month swoon to disappear. above the 11 highs of 1923  would be icing on the cake.   wonder what happened to kwave?

dsi 

gold =24

silver =27

hgnsi =3.3    these numbers are not quite in the bear camp, ie bullish   but very encouraging. 

my position has not changed. although i toyed w/some ideas    by the way commercials are still trapped short they have tried to reduce their exposure but the market has not let that happen.  

we are not out of the woods yet. but i love the bearish  TALK   
LETS SEE WHAT HAPPENS  lots of time till the close
dharma

Edited by dharma, 09 October 2020 - 10:24 AM.