well, I for one will go on record to say that the low 871.8 will be the low for this particular correction. we may test it, but I dont think we go below.. all those waiting for 850 area will be left at the alter when things explode to the upside.
HUI 60 min, daily look like more upside
Started by
Woody
, Apr 04 2008 10:29 AM
14 replies to this topic
#12
scott in Wisconsin
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Posted 06 April 2008 - 09:55 AM
When counting waves there is no sure thing, but Senor will take any reasonable wager that after this norte correction completes new lows south of 876 will occur, maybe well south of that level. Pay me now or pay me later?
NO BS
Senor
I agree, but what's your guess on timing?
Options expire in 2 weeks . . . do you think things will have turned down by then?
My April $45 ABX puts are on the cusp . . .
Scott
#13
gvc
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Posted 06 April 2008 - 10:33 AM
From Ray Merriman's free astro analysis:
http://www.mmacycles...-april-7,-2008/
" The last time Saturn was in Virgo occurred from November 1977 through September 1980. You may remember in the United States, this was a time of sharply rising prices (inflation), when precious metals soared to historic highs. But it led to an economic recession and sluggish stock prices. They called it “stagflation.” And here we are again, with Saturn in Virgo, September 2007 through October 2009"
http://www.mmacycles...-april-7,-2008/
" The last time Saturn was in Virgo occurred from November 1977 through September 1980. You may remember in the United States, this was a time of sharply rising prices (inflation), when precious metals soared to historic highs. But it led to an economic recession and sluggish stock prices. They called it “stagflation.” And here we are again, with Saturn in Virgo, September 2007 through October 2009"
#14
dougie
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Posted 07 April 2008 - 03:34 AM
well thank you all for your opinions
frankly i think we see XAU 230 before more down but i am a not at all loaded yet here...
#15
lhslancers3270
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Posted 07 April 2008 - 04:45 PM
well thank you all for your opinions
frankly i think we see XAU 230 before more down but i am a not at all loaded yet here...
Ugly candles in the miners today. Its usually a good sign when the miners go up when Gold and Silver go up. Call me simple.
I think we go down for a few days bottom above last week's lows then we see what kind of eggs we got. I still think we make lower lows in Gold and Silver before we go appreciably higher. Last good buying opp lays ahead.
