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THE PRIMARY WAVE THREE thread and finding the Intermediate wave TWO corrective low


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#61 gannman

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Posted 11 March 2021 - 08:46 PM

Wheaton Precious Metals generates over $1 billion in revenue, boosts dividend | Kitco News

 

pretty nice results imo


feeling mellow with the yellow metal


#62 senorBS

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Posted 12 March 2021 - 09:19 AM

Buying modestly this morning, as always DYODD

 

Senor



#63 senorBS

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Posted 12 March 2021 - 09:52 AM

Buying modestly this morning, as always DYODD

 

Senor

Oh yeah baby, so many nice gap fills!

 

Senor



#64 senorBS

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Posted 12 March 2021 - 10:40 AM

new rally high 10 and 30 yr yields - gotta wonder if Fed is gonna cap rates soon? All that debt, simply can't afford having rates increase much further IMO, we see

 

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#65 linrom1

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Posted 12 March 2021 - 10:41 AM

 

Buying modestly this morning, as always DYODD

 

Senor

Oh yeah baby, so many nice gap fills!

 

Senor

 

I bought NEM and FNV but was stopped out of FNV....that was a steal



#66 CHAx

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Posted 12 March 2021 - 01:03 PM

 

 

I do wonder if this marks the end of the IT decline.  I think I favor something more like ~1730, test back down to ~1700 and then a hard rally to test ~1780-1800 breakdown area.

 

Roadmap still on track.  Got some new positions long this morning.  Looking for 80 points for the majority of it, then re-evaluate based on pullback size/momentum of initial thrust.

 

 


Edited by CHAx, 12 March 2021 - 01:03 PM.


#67 senorBS

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Posted 12 March 2021 - 01:27 PM

 

Buying modestly this morning, as always DYODD

 

Senor

Oh yeah baby, so many nice gap fills!

 

Senor

 

took nice short term gain on half of longs bot this morning, raised stop on rest to profitable levels and fairly tight, as always DYODD

 

Senor



#68 senorBS

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Posted 12 March 2021 - 01:46 PM

exited rest of mornings longs - will go home less than 10% long, gonna play it safe over weekend as I am a bit concerned about stock market vulnerability here as well as these new highs in yields 10 and 30 yr, as always DYODD

 

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#69 linrom1

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Posted 12 March 2021 - 02:51 PM

 

Closed NEM because of the chart. It's been profitable to buy miners at the bottom of the range ie when they're significantly down and selling at the top of daily range.



#70 JGUITARSLIM

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Posted 12 March 2021 - 03:12 PM

Im taking 2 points in GDX off table before the weekend too.
Will re-eval next week...may bring some weakness to dip back in!