primary wave 3 up
Started by
tradesurfer
, Sep 27 2008 01:29 PM
33 replies to this topic
#31
tradesurfer
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Posted 29 September 2008 - 05:37 PM
hey its nice to see my initial post got so much good response hehe
based on the responses its seems there is a good consensus
#32
hiker
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#33
pedro
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Posted 30 September 2008 - 04:29 PM
Lots of EW counts going awry. Just see Alf Field's recent big do-over. And he's good.
Regardless of the counts, if I'm looking at my GDX weekly chart (or most everything else in the PM realm) I'm seeing a serious DIVE straight ahead. The bullish outlook calls for swing failures (down moves abort). Certainly not impossible.
But, there's no doubt off daily charts that a continuation buy could be dead ahead.
In any event, we'll know soon ... and healthy sized positions would be smart EITHER WAY.
Edited by pedro, 30 September 2008 - 04:30 PM.
#34
senorBS
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Posted 30 September 2008 - 05:04 PM
Lots of EW counts going awry. Just see Alf Field's recent big do-over. And he's good.
Regardless of the counts, if I'm looking at my GDX weekly chart (or most everything else in the PM realm) I'm seeing a serious DIVE straight ahead. The bullish outlook calls for swing failures (down moves abort). Certainly not impossible.
But, there's no doubt off daily charts that a continuation buy could be dead ahead.
In any event, we'll know soon ... and healthy sized positions would be smart EITHER WAY.
The counts to Senor are muy clear, as clear as they have been in years. That does mean Senor is overconfident or does not have an if I am wrong exit strategy. But if these so called waver hombres can't see it Senor has really doesn't care. The less onboard the better.
BSing away
Senor
