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what the hell, out on a limb. the 1850ish low marks the bottom of this correction. the next leg higher begins now


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#1411 crossd

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Posted 10 March 2021 - 07:10 AM

 

Anyone else think the totally 100% fully priced in Stimulus bill passing tomorrow could be one of the most Epic Sell the News events ever?

 

Crude, which often leads at turns, may be hinting.........

any fav short targets?

 

Barrons 3/8 paper issue said more pain for TSLA PTON ETSY ROKU ZM

 

donc



#1412 jabat

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Posted 11 March 2021 - 12:06 PM

Hello - This thread is looks lonely. PM is looking to make a low next week . I hope then this thread comes back ALIVE. Miss Dharma's daily input. 



#1413 dharma

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Posted 11 March 2021 - 01:07 PM

thanks jabat, i was thinking that i was talking to myself.

the astro turns are around the new moon on the 13th  so today and tomorrow.   although i see some stuff on the 13-15   either way we are very close. golds dsi jumped to 25 , hgnsi =-31.67   dont know how or why its so negative.

miners continue to lead on the upside.  which is the big clue.  platinum has a big inverse h&s bottom https://gracelandupd...princeplat1.jpg

dharma

building a position in a junior silver . 85% owned by individuals and institutions . sprott has 20%   so shares are tight and in strong hands


Edited by dharma, 11 March 2021 - 01:08 PM.


#1414 Smithy

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Posted 11 March 2021 - 01:29 PM

Thanks dharma; always value your input although I don't often comment.



#1415 CHAx

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Posted 11 March 2021 - 02:16 PM

Jeff Gundlach thinks gold is done declining:

 

https://www.kitco.co...ne-falling.html

 

Interestingly, he also called for 10 year rates to stop rising last week.   Sounds like a "real rates" play.



#1416 dharma

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Posted 11 March 2021 - 03:11 PM

thanks smithy, note the low of 1681  angel   =41x41   squares are powerful #s

note the new moon on the 13th something new in leo  .  of  note hadik has the possibility of this decline lasting from the 15-19 of march fulfilling a cycle low  and 360 from march 20  2020 low. .  he also notes that wave 3 and 5 down would both be 10weeks.i still have a little bit of cash left . no the gold bull is not over . far from it

dharma

ps i never did pull the trigger on ethereum.  which makes the most sense to me. 


Edited by dharma, 11 March 2021 - 03:12 PM.


#1417 dharma

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Posted 12 March 2021 - 11:16 AM

miners are cash cows https://pbs.twimg.com/media/EwPXobdUUAIISxv?format=jpg&name=medium  at some point this will not be lost on investors. nem 4% yield

this correction is running out of time. miners remain firm while metals  get beaten.  

for gann on quite a few of his charts, the year starts @the spring solstice.  we are almost there. i look for gold to begin a new leg, which will then be met by another lengthy correction , then the parabolic

patience . 

dharma

ps on the broad market i dont think we top till 22 . but we will have a top here in the 2nd  quarter just my 2c that and the bus fare gets you on the bus



#1418 tradesurfer

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Posted 13 March 2021 - 02:16 PM

And of course we have the new moon today !   Almost never fails... metals bottom or top on full or new moons....



#1419 JGUITARSLIM

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Posted 15 March 2021 - 02:24 PM

And of course we have the new moon today !   Almost never fails... metals bottom or top on full or new moons....


My concern is this may be ST top !

#1420 dharma

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Posted 16 March 2021 - 08:43 AM

miners lead up and down. they have remained firm. i believe we are in a bottoming process, which will lead to an upmove. pessimism remains high. and throw in a good bit of lack of interest , and you have the makings of climbing a wall of worry

dharma