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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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#841 dougie

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Posted 26 January 2021 - 04:12 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

 

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

 

that you selling already?



#842 linrom1

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Posted 26 January 2021 - 07:06 PM

Still stock around 1850 same as when thread started on Oct 21st.



#843 senorBS

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Posted 27 January 2021 - 08:55 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

 

that you selling already?

 

I actually did exit 1/3 of my long in the after market yesterday, now about 17% long and will "likely" look to be adding but may wait till near Fed time

 

Senor



#844 linrom1

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Posted 27 January 2021 - 10:20 AM

Added small position in FNV, it's acting better than most. Also added small position in GDX for a bounce only. NEM is very weak, but it's got earnings on 2/18 so maybe there is selling ahead of earnings?



#845 linrom1

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Posted 27 January 2021 - 10:38 AM

We'll finally getting where people are going to be able to admit that gold is in a bear market.



#846 gannman

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Posted 27 January 2021 - 10:45 AM

i think we have one more shot down before we take off fwiw 

 

paas is cheap but there are a lot of cheap stocks here


feeling mellow with the yellow metal


#847 dharma

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Posted 27 January 2021 - 11:17 AM

MINing indexes flirting w/november lows goau made new lows . gold a good distance from the november lows. SENORS ugly bottom scenario is alive and seems to be the one in play. i did some light buying this am.  february , from an astrological point of view is shaping up as a decisive turn .  i expect the next run to start in february  , wherever it ends will mark the top of 3 and then a wave 4 correction.  before the big wave up. . this is like watching paint dry 

dharma

hgnsi =0 


Edited by dharma, 27 January 2021 - 11:23 AM.


#848 Smithy

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Posted 27 January 2021 - 11:30 AM

dharma, good morning.

Comments on mercury retro and direct dates for a gold turn?



#849 linrom1

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Posted 27 January 2021 - 11:34 AM

 

Maybe something like this for a potential intermediate bottom? Hadik who has been calling gold correctly since late last year is expecting a top in May.



#850 senorBS

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Posted 27 January 2021 - 11:53 AM

more stuff this morning took out the Nov lows like GDXJ (barely)/HUI/GOAU again, also HUI and GDX gold ratios barely took out Nov lows and have reversed higher, can't rule out further "work" to the downside but IMO we are gettin close to a very key low, I added during the first hr of trading

 

Senor