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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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#831 crossd

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Posted 25 January 2021 - 08:29 AM

Looking at your guys one by one:

1) Paul Craig Roberts bases his thinking on fundamentals. The charts are ahead of him, that's why we chart,

 

2) Prechter made his name calling for a depression and has made a lot of money out it. He's locked into that view and can't reverse without getting egg on his face.

 

3) Rickards, in calling for a new normal of recession/depression - you need to know gloom and doom sells. Ask Marc Faber. You can get lots of attention and become famous. With positive news, people yawn. He's talking his book (in both senses) and hasn't done his homework with the charts.

 

Instead, we want to examine facts.

Smithy..2 great posts!..donc



#832 linrom1

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Posted 25 January 2021 - 10:02 AM

NEM is negative. That's all you need to know. The economy will fall off the cliff. It's time to look at indices!!


Edited by linrom1, 25 January 2021 - 10:03 AM.


#833 tradesurfer

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Posted 25 January 2021 - 11:32 AM

Still blows my mind that Zeberg and the ellliott wavers are looking for a 9 to 10 dollar target in Silver.... 



#834 senorBS

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Posted 25 January 2021 - 12:32 PM

adding lightly, bot some KL below 39.55, WDOFF 7.09, HL at 5.05, SILJ at 14.34, about 17% long, as always DYODD

 

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#835 dougie

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Posted 25 January 2021 - 01:21 PM

HEck,  GME went from 4 to 170 in 6 months...round trip is in order?



#836 sixpack

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Posted 25 January 2021 - 11:52 PM

Bought back double of my original position from a few weeks ago today in one of the gold stocks I am following. Not sure if I will buy any others at this point. Watching some other stocks outside the miners consolidating more significant moves higher. Still holding the wretched short position which is underwater by quite a bit at this point. My first potential loser in quite awhile. Se la vie

#837 senorBS

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Posted 26 January 2021 - 09:51 AM

added more on weakness this morning, really like the WDOFF chart for a final 5 of C low yesterday - really good lookin bullish daily RSI divergences, as always DYODD

 

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#838 gannman

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Posted 26 January 2021 - 10:02 AM

@tradesurfer - looking for 10 dollar silver i am looking for 45 dollar silver fwiw


feeling mellow with the yellow metal


#839 gannman

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Posted 26 January 2021 - 10:08 AM

aem right at its 200 dma when it breaks thru i expect a strong move fwiw 


feeling mellow with the yellow metal


#840 senorBS

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Posted 26 January 2021 - 10:31 AM

adding lightly, bot some KL below 39.55, WDOFF 7.09, HL at 5.05, SILJ at 14.34, about 17% long, as always DYODD

 

Senor

 

added more on weakness this morning, really like the WDOFF chart for a final 5 of C low yesterday - really good lookin bullish daily RSI divergences, as always DYODD

 

Senor

added more, now about 25% long.....

 

Senor