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we either have a wave 1 of a new bull market or more backing and filling


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#321 linrom1

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Posted 03 February 2023 - 09:38 AM

AEM reports on 2/16. They have been consistently reporting excellent earnings. This should be an easy QTR compared to '21.



#322 linrom1

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Posted 03 February 2023 - 09:41 AM

So far so good. Retracements are holding up?



#323 senorBS

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Posted 03 February 2023 - 09:58 AM

added another 5% to my longs this morning, now bout 35% long gold/silver miners

 

Senor



#324 K Wave

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Posted 03 February 2023 - 11:41 AM

PL just getting crushed after the failure

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#325 K Wave

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Posted 03 February 2023 - 11:42 AM

Whole lotta red candles on the weekly PL chart...

 

just a suggestion, but bulls, you had better hold 960....

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#326 K Wave

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Posted 03 February 2023 - 11:45 AM

And bulls had better hope this 900 rejection does not turn out to be full on rising wedge breakaway gap on GDX...cuz that's what it potentially looks like...

 

Eventually, decisions DO get made...

 


Edited by K Wave, 03 February 2023 - 11:46 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#327 dougie

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Posted 03 February 2023 - 02:55 PM

IMo 1880 gets taken out and we drop hard

watch out here folks



#328 dougie

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Posted 03 February 2023 - 02:56 PM

added another 5% to my longs this morning, now bout 35% long gold/silver miners

 

Senor

if gold can hold these levels you MIGHT be rewarded.



#329 linrom1

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Posted 03 February 2023 - 03:25 PM

 

added another 5% to my longs this morning, now bout 35% long gold/silver miners

 

Senor

if gold can hold these levels you MIGHT be rewarded.

 

You're right here. It's got to stop going down. It's retracing too much for if this was top of WAVE iii.



#330 dougie

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Posted 04 February 2023 - 06:56 PM

 

IMo 1880 gets taken out and we drop hard

Looks like support is gone now... 

 

yep. i see  possibility we bounce hard of 1845 or so