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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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#201 dharma

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Posted 16 November 2020 - 12:24 PM

for years i had an inspiration to post here..  that inspiration is fleeting

2 charts gsr  https://pbs.twimg.co...=png&name=large

gold/platinum   https://pbs.twimg.com/media/EmvlCoMUUAAPtl2?format=png&name=900x900 priced to perfection.  platinum is very interesting 

dharma



#202 gannman

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Posted 16 November 2020 - 12:27 PM

hmm i am seeing a nice jump in time segmented volume on gdx and slv and gld

 

if that continues, and that is a big if , we will see a jump in the prices. time segmented 

 

volume leads price fwiw


feeling mellow with the yellow metal


#203 dougie

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Posted 16 November 2020 - 12:47 PM

senor getting out just in time?



#204 ryanoo

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Posted 16 November 2020 - 01:45 PM

Why do you insist on posting this garbage here?

 

 

 

easy boy.... its an interesting development. 



#205 ryanoo

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Posted 16 November 2020 - 01:51 PM

3.5 month long consolidation continuing, miners trapped in downsloping channel.  miners daily came off oversold, i think it wlll rise from here, could be wrong. the good news in vaccine is not making as big an impact any more. once we get out of covid, we will probably be in the market condition post Y2K    



#206 senorBS

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Posted 16 November 2020 - 03:51 PM

senor getting out just in time?

Frankly I have no clue here, could still be bullish but there are "some" counts like SLV that look a bit scary to me. Given my energy stock exit this mornin my accounts made modest new highs for the year today. I am all cash now and feelin good about that, can always make a quick move. General mkt seems way over done to me but trying to call a top there has been an exercise in futility and lost dollars for thos ewho have. Nice to be sittin on a big pile "for now"

 

Senor



#207 dougie

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Posted 16 November 2020 - 07:52 PM

 

Why do you insist on posting this garbage here?

 

 

 

easy boy.... its an interesting development. 

 

i agree



#208 crossd

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Posted 17 November 2020 - 08:15 AM

..last week on CNBC Fast Money 5-6pm et...Goldman Sachs predicted SPX 3800 year end and 4300 year end 2021..fwiw

 

gold,silver seem to be following stocks..

 

donc



#209 senorBS

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Posted 17 November 2020 - 11:16 AM

OK, last chance saloon here IMO, we either really start letting go to the downside here or make a bottom, I can and just did give the long side a chance and my stop is pretty tight, took a 30% position agressive trading position again with tight stops, as always DYODD

 

Senor



#210 senorBS

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Posted 17 November 2020 - 03:10 PM

OK, last chance saloon here IMO, we either really start letting go to the downside here or make a bottom, I can and just did give the long side a chance and my stop is pretty tight, took a 30% position agressive trading position again with tight stops, as always DYODD

 

Senor

so far OK, GDXJ came back decently off lows, will hold position for now

 

Senor