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Watch closely amigos, it is


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#1 senorBS

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Posted 07 March 2006 - 12:03 PM

possible the HUI could have completed a large correction at today's session low. This is only a warning, the decline could of course continue, but Senor advises watching the short term trading, muy, muy closely. PURE BS Senor

Edited by senorBS, 07 March 2006 - 12:07 PM.


#2 greenie

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Posted 07 March 2006 - 12:13 PM

Senor, What indicators would suggest you that gold bottomed vs. the decline has more leg? I have been watching NATGAS, and it went down than most thought it would.
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#3 senorBS

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Posted 07 March 2006 - 12:16 PM

Senor is just saying to be alert because with the previous decline low in the HUI now taken out it is possible for a bottom to be made. Senor did not say probable, he said posisble. The "indicator" is the Ewave pattern. BS as usual Senor

Edited by senorBS, 07 March 2006 - 12:17 PM.


#4 Tor

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Posted 07 March 2006 - 12:17 PM

NEM has reached my 50 target, but the only thing which is holding me back from this position is the FOMC 28 March.
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#5 senorBS

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Posted 07 March 2006 - 12:19 PM

NEM has reached my 50 target, but the only thing which is holding me back from this position is the FOMC 28 March.



Could be a grande retest in NEM, muy importante trading going on.

NO BS

Senor

#6 SilentOne

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Posted 07 March 2006 - 12:30 PM

Senor, I think calling a bottom here is too uncertain for me. I will watch NEM over the next few days as it would have to act well from here to give the all clear. Good luck. cheers, john
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#7 senorBS

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Posted 07 March 2006 - 12:37 PM

PLEASE, please, please amigo. There is a muy importante distinction to be made here, Senor is saying to be muy alert. Senor did not say it is bottoming, but believes there is a muy bueno reason to keep a muy close eye on the trading here. That is all - please try to read what Senor is saying. NO BS Senor

#8 TomD

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Posted 07 March 2006 - 12:43 PM

My thinking on this right now ....in "EWA" terms, is if this is a C wave of a wave 2 of the first leg of the BIG WAVE III, then a bit more downside is in the works....something that will break the trend-line to get the bears really excited but fail to even test the 200 dma all subject to immediate change of course I still like junior oil sands
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#9 senorBS

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Posted 07 March 2006 - 12:48 PM

My thinking on this right now ....in "EWA" terms, is if this is a C wave of a wave 2 of the first leg of the BIG WAVE III, then a bit more downside is in the works....something that will break the trend-line to get the bears really excited but fail to even test the 200 dma

all subject to immediate change of course

I still like junior oil sands



Senor is in full agreement with you amigo, some gold stocks are seeing some muy beautiful retracements, Senor bought some HMY this morning at 13.10-13.15. This is a case of buying individual issues and doing your homework.

BS as always

Senor

#10 traderpaul

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Posted 07 March 2006 - 01:14 PM

Senor, You didn't say one word about this stock market. What is your take?
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