Member
Posted 07 March 2022 - 10:23 AM
dsi
gold =79
silver =75
oscillators are approaching overbought
a correction is healthy
be careful
dharma
If the bull has actually begun..."surprises" to the upside...
watching to see what happen here on PL between 1130-40
If it manages to reclaim this very short term pivot zone, then the 1160 breach becomes much more likely...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 07 March 2022 - 11:03 AM
dsi
gold =79
silver =75
oscillators are approaching overbought
a correction is healthy
be careful
dharma
If the bull has actually begun..."surprises" to the upside...
watching to see what happen here on PL between 1130-40
If it manages to reclaim this very short term pivot zone, then the 1160 breach becomes much more likely...
yes in a bull surprises are on the upside. my point is not a time imo to be buying. a time to be riding. rickards makes some good points here
seeing some smaller companies catching a big bid i have 3 jrs + 10%and more. plat and palladium are produced by russia i think the pgms have room to run . dharma
Member
Posted 07 March 2022 - 12:05 PM
kwave, looking at spy the 900 dma is the only one beneath the market , looks like the crash window is a possibility. whats your take on that. i realize crashes are rar events
thanks
dharma
Member
Posted 07 March 2022 - 12:25 PM
$BTU down 22%, one has to think that is a local top? If that is the case, are base commodities about to get slapped here?
Member
Posted 07 March 2022 - 01:00 PM
added to my positions this morning , this sector is going a lot higher
Member
Posted 07 March 2022 - 01:21 PM
Right about here is where PL needs the momo divergence and launch...
see if bulls can pull it off...or not...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 07 March 2022 - 01:24 PM
kwave, looking at spy the 900 dma is the only one beneath the market , looks like the crash window is a possibility. whats your take on that. i realize crashes are rar events
thanks
dharma
Yup...in very dangerous territory as long as below the 200...
FANG big 5 still UGLY after forming what is usually a very bearish pattern below the 200....
If the 24th low gets taken out, who knows where it might stop in a big wave down...
Edited by K Wave, 07 March 2022 - 01:26 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 07 March 2022 - 01:28 PM
AMZN already trading below the 24th low...if it does not recover 2800 PDQ...full on crash possible there
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 07 March 2022 - 01:28 PM
SOX also trading below 24th low
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
