33 replies to this topic

[dharma]

Bought some GDX this am and TYHJF last week. (thank you for the heads up dharma) Looking to buy RGLD on a pullback.
Good trading to all

jg- in 96, before the present owners took over, tyhjf was a $35 stock. it has potential. dharma

[dharma]

so far support has held. above 986 and we have something going. the alternate count, ie this upmove is all a large correction is still in play. its a bull market so i am favoring the bullish count. the stocks are following gold's lead. dharma

[dharma]

today was a brutal day, but on the hourly charts almost every gold issue i follow is oversold as is gold, xau/hui, and silver. now, if we continue down from here then the correction is in play if not , ...................then we shall see. b*tch slapped today. dharma

[dharma]

after taking out support here, looks like this thing has more to go. i sit. and wait. dharma

[stubaby]

after taking out support here, looks like this thing has more to go. i sit. and wait. dharma

dharma:

I am buying into this decline as I think it ends today or tomorrow!

stubaby

http://stockcharts.com/h-sc/ui?s=$XAU...amp;a=112326238

[dougie]

gutsy , stubaby

[dharma]

stubaby, i think we bounce here , this area has good support. you are going the right way! xau/gold=.19 =buy signal. below 900 should be all she wrote. 850 will hold dharma

[dharma]

ok here is the bounce. 1 and 3 have been = i expect 5 to be shorter. the fed is about spin, there is nothing they can do. raise rates and kill the economy. the dollar is toast. the us account deficits are skying , they need to attract $$$. so all they can do is spin. dharma

[dougie]

dharma: this is all prbably A of ABC down dont you think: hence the bounce will be B

[dharma]

this rally and one more down and the down move is over and so will end this thread. i see senor is back, welcome back hombre! dharma