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


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#5451 beta

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Posted 17 April 2024 - 11:53 AM

.. that's also the 38% Fibo of the Oct move.


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#5452 dharma

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Posted 17 April 2024 - 12:14 PM

awhile back when platinum price was selling for less than gold. i thought something was strange.  something like 74% of the platinum is mined by s/africa -unreliable source.  and 25% is mined by russia. . there are many conclusions one can draw.  it is a very thin market.   while i love the idea of platinum , i stay away. IT is controlled and manipulated. more so than gold /silver

 just sayin

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#5453 dharma

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Posted 17 April 2024 - 12:17 PM

it seems to me Netanyahu is in political trouble.  he is going to do something stupid . in spite of the usa supposedly asking him not to strike

its a crazy world.  hopefully wiser heads prevail

dharma 



#5454 senorBS

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Posted 17 April 2024 - 12:25 PM

Apple bulls have reached the end of their rope...are they now gonna jump, and end things???

 

Hmmm, not too worried about commods, especially gold/silver, worst case IMO is a wave C down to "maybe" below the recent pullback bottom, and that's still a big "if". I am happy to currently hold a very soild core long gold/silver/miner position - surprises still to the upside IMO

 

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#5455 beta

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Posted 17 April 2024 - 12:37 PM

SMH looks to close under the 50. 

 

Good analysis here: https://www.zerohedg...nning-ends-bang


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#5456 K Wave

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Posted 17 April 2024 - 12:39 PM

Watching Rusty here to see if fails or reclaims the hourly here

 


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

 

 


#5457 K Wave

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Posted 17 April 2024 - 12:40 PM

GDX...bulls held where they needed to at least for now anyway

 

 

 

 

 

 


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

 

 


#5458 K Wave

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Posted 17 April 2024 - 12:43 PM

No breach on Apple just yet.....bulls get it back above 170 now, and still some hope for a save

 

Bears need hard break of 168 to win

 


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

 

 


#5459 Smithy

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Posted 17 April 2024 - 01:10 PM

Palladium holding okay so far, my bullishness intact



#5460 K Wave

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Posted 17 April 2024 - 01:20 PM

Might all come down to how Apple and NVDA finish out here today....

 

Bulls can still save it, but they need to get on the gas pedal real soon....

 

Apple probably does not survive a test of the LOD


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