18 replies to this topic

[dharma]

one other thing, at this point the cartel has kept gold prices in check. the usa is a young country and has not gone through currency upheavls the way europe and much of the world has. when the time comes, the rats will jump ship and it will be each for himself. spain, portugal, and italy are essentially broke so they may continue to sell gold, but the others it will be talk. i too think the 8/16 lows will hold. a major buy was issued by the xau/gold ratio @.18 i dont think we are out of the woods yet. but i am enjoying today. dharma

[Jnavin]

Seasonality has some catching up to do.

[johngeorge]

V bottom.
No seelrs left.

Specs jamming the door to get back in.

Panic down. Panic up.
What a business. I feel like I'm
in a Marx Bros. film.

paul
I love your sense of humor!!!!!!!!!!!!!!!!!! Between you and Rogerdodger it is the best comedy team on the internet.
Best to you

[dougie]

one bearish count from a good ewaver at SI
http://i208.photobuc...ng?t=1189111803

[beta]

Not an e-waver, but here's what I see -- looks like a breakout from the multi-year pennant:

http://stockcharts.c...1767&r=8623.png

Edited by beta, 06 September 2007 - 09:18 PM.

[Tor]

one bearish count from a good ewaver at SI
http://i208.photobuc...ng?t=1189111803

Yes that wass the one I was counting a while back and see it still on for the moment despite today.

[senorBS]

Not an e-waver, but here's what I see -- looks like a breakout from the multi-year pennant:

http://stockcharts.c...1767&r=8623.png

Certainly does amigo. And the fact that so many hombres are either out of the market or bearish only makes Senor smile - like this.

NO BS

Senor

[Tor]

the question is "how do you know". I mean both look feasible to me.

[dougie]

you cant know... ewave only gives alternatives but i agree with senor: i dont see table pounding at all here