2512 replies to this topic

[gannman]

also check out fcx could be starting another leg up

[dougie]

fine, sit it out, we all gotta make our choices

 

Senor

was that an answer to my question?

[senorBS]

 

fine, sit it out, we all gotta make our choices

 

Senor

pretty much, your question was unclear to me as to index/ETF and time frame, I laid out the key GDXJ .618 retracement and gap fill last week - that was enough for me to think "possible" key low with all the other technical/sentiment stuff when we reversed higher from that level. There is no "iron clad" wave count big picture here but I like the bullish risk/reward as I also have said. My bigger picture view is that the rally from March 2020 to August 2020 was a 5-wave move that we have possibly retraced and ended a year plus correction - IMO at a minimum we go up and take out that last yr Aug high - that is all I need to focus on. From the 2016 major bottom yeah who knows for sure, I am not going to sweat that at this time, good luck to you

 

Senor 

[linrom1]

also check out fcx could be starting another leg up

https://twitter.com/...581738315431939

 

This guy is really sharp!

[dougie]

 

 

fine, sit it out, we all gotta make our choices

 

Senor

pretty much, your question was unclear to me as to index/ETF and time frame, I laid out the key GDXJ .618 retracement and gap fill last week - that was enough for me to think "possible" key low with all the other technical/sentiment stuff when we reversed higher from that level. There is no "iron clad" wave count big picture here but I like the bullish risk/reward as I also have said. My bigger picture view is that the rally from March 2020 to August 2020 was a 5-wave move that we have possibly retraced and ended a year plus correction - IMO at a minimum we go up and take out that last yr Aug high - that is all I need to focus on. From the 2016 major bottom yeah who knows for sure, I am not going to sweat that at this time, good luck to you

 

Senor 

 

thanks!

[senorBS]

Lookin good so far after weak employ numbers with gold up over 1% and silver almost 2%. Assuming these rallies hold we should see substantial new miner rally highs since recent lows - IMO odds keep increasing the final corrective low might be in place. Got miners?

 

Senor

[gannman]

i think we are real close to a major major top in this market fwiw, like next week

 

we will see 

[Chilidawgz]

[dougie]

i think we are real close to a major major top in this market fwiw, like next week

 

we will see 

in which market?

[gannman]

the general market dougie