11038 replies to this topic

[dharma]

i am thinking somewhere in here the broad market hits the skids. 

dharma

[gvc]

i am thinking somewhere in here the broad market hits the skids. 

dharma

Puetz crash window is active:
 

“. . .Puetz used eight previous crashes in various markets from the Holland Tulip Mania in 1637 through the Tokyo crash in 1990. He noted that market crashes tend to be lumped near the full moons that are also lunar eclipses. In fact, he states, the greatest number of crashes start after the first full moon after a solar eclipse when that full moon is also a lunar eclipse . . Once the panic starts, Puetz notes, it generally lasts from two to four weeks. The tendency has been for the markets to peak a few days ahead of the full moon, move flat to slightly lower –waiting for the full moon to pass. Then on the day of the full moon or slightly after, the brunt of the crash hits the marketplace.”

[senorBS]

For me it's very clear in HUI/GDX/XAU, basis daily charts they all need another new low to "possibly" end a wave C of and ABC down off the highs. Again, nothing is ever a certainty, just high odds IMO and perhaps GDX will get close to my 70 target area, we see and buckle up and be careful out there

 

Senor

[dougie]

For me it's very clear in HUI/GDX/XAU, basis daily charts they all need another new low to "possibly" end a wave C of and ABC down off the highs. Again, nothing is ever a certainty, just high odds IMO and perhaps GDX will get close to my 70 target area, we see and buckle up and be careful out there

 

Senor

could be but going up today while stocks falling is bullish

[Chilidawgz]

 

For me it's very clear in HUI/GDX/XAU, basis daily charts they all need another new low to "possibly" end a wave C of and ABC down off the highs. Again, nothing is ever a certainty, just high odds IMO and perhaps GDX will get close to my 70 target area, we see and buckle up and be careful out there

 

Senor

could be but going up today while stocks falling is bullish

 

[dougie]

 

 

For me it's very clear in HUI/GDX/XAU, basis daily charts they all need another new low to "possibly" end a wave C of and ABC down off the highs. Again, nothing is ever a certainty, just high odds IMO and perhaps GDX will get close to my 70 target area, we see and buckle up and be careful out there

 

Senor

could be but going up today while stocks falling is bullish

 

 

Hey Chili: would you elaborate please?

[Chilidawgz]

Pretty straight forward: PPO histogram has bottomed and turning positive, RSI is oversold and turned up, % of gold mining stocks (inside GDX) trading below their 50-day moving average: I have never seen an oversold reading like this. Everything said we over extremely oversold and a bounce is likely. 

[Chilidawgz]

 

[dougie]

Pretty straight forward: PPO histogram has bottomed and turning positive, RSI is oversold and turned up, % of gold mining stocks (inside GDX) trading below their 50-day moving average: I have never seen an oversold reading like this. Everything said we over extremely oversold and a bounce is likely. 

THANKS!!