19 replies to this topic

[senorBS]

surprising you, do you believe it? Seems to Senor very few are on board and even fewer believe new highs will be seen in the next 2-3 months. Is that correct? What is your BS? Senor

[dougie]

i am in 1/3 here . neve go much lower than that. my scenario was to see a ST high this week then sell off...but i admit running here would fool the most imo

[dharma]

hi senor, i am long, very long. but i dont think that we see new highs before the recent lows are tested. by 1st quarter 07 new forever highs. dharma

[senorBS]

Senor can see the HUI complete a big cinco wave rally here, then maybe a wave dos decline. Pure BS Senor

[gvc]

Well, I agree...there are way to many people out there that have been expecting a retest of the lows. I suspect that many are starting to get a bit nervous about missing the boat if it in fact has launched. I've been there..being out waiting and waiting for a low to be tested and it isn't fun. Have to be in the game. Its ok to take a few hits every now and then. The main goal is to avoid the real nasty drops like the most recent one from the May highs. Luckily, I was able to avoid most of it but ended up getting back in a bit early ... but I'd rather be early getting back in that entirely missing out on a nice rally like we seem to be having right now...waiting...waiting...waiting

[ageka]

90% Long and expecting at least another 30 days up

[Tor]

I may be a fade, but yes, before you posted, I was looking for another leg down. Looks to me like a right shoulder on a Head and Shoulders pattern may be forming. That was the conclusion I reached anyway.

Edited by Tor, 12 July 2006 - 05:18 AM.

[Tor]

To me the Feb-March decline looked like a wave 4, and the recent decline the "b" reaction up in an abc correction, with c still to come before the correction is over. Of course I keep an open mind, but just formed these views.

[johngeorge]

I am in with 1/2 position in gold mutual fund FSAGX. Looking for higher numbers next week.

Gold and Silver Sector Index (XAU), Daily Chart

[greenie]

I guess Senor got his answer Last time, when Senor asked this question in March, he got no reply The board was DEAD. For today/tomorrow, NEM must test its today's low before we put up all clear sign.