14 replies to this topic

[dharma]

this has nothing to do w/gold, so please excuse my transgression
this piece has alot of wisdom in it. templeton was a seer and an astute manager
http://www.tonyrobbi...tery/templeton/
if you havent listened to it, i found it well worth the 40min.
dharma



this corrective wave may last a couple of days w/wave 3of 3 on deck. dharma

[senorBS]

this has nothing to do w/gold, so please excuse my transgression
this piece has alot of wisdom in it. templeton was a seer and an astute manager
http://www.tonyrobbi...tery/templeton/
if you havent listened to it, i found it well worth the 40min.
dharma



this corrective wave may last a couple of days w/wave 3of 3 on deck. dharma

Si amigo, get norte of XAU 102 and hasta la vista baby!

NO BS

Senor

[dharma]

i finished buying dxo this am. oil looks ready to try the upside. if you look @a weekly chart of gold and compare it to the daily chart of bonds. gold looks like it is in the same position as bonds did before they went parabolic. dharma templeton: "bull-markets are born on pessimism, grow on scepticism, mature on optimism and due on euphoria".

[tradesurfer]

i dont see the similarity you are talking about with bonds and gold, can you post a chart please. so you mean compare TLT daily with GLD weekly? also, what price target you have on DXO ??

[tradesurfer]

i think i see the correlation. also if you look at the low volumes that existed in TLT right before the upwards price explostion you can see that it was the pre cursor. similarly you can see low volumes in GLD... an indication of final sellers almost done ? are you expecting a similar upward price explosion in GLD and XAU as is pictured in TLT last few weeks ? that would be consistent with a wave 3 of 3 move up, si ?

Edited by tradesurfer, 09 December 2008 - 01:33 PM.

[dharma]

i think i see the correlation. also if you look at the low volumes that existed in TLT right before the upwards price explostion you can see that it was the pre cursor.

similarly you can see low volumes in GLD... an indication of final sellers almost done ?


are you expecting a similar upward price explosion in GLD and XAU as is pictured in TLT last few weeks ? that would be consistent with a wave 3 of 3 move up, si ?

here is a link to the 2 charts, i guess i forgot to post this link. sorry
http://carolan.org/
how does it look?\
dharma

[tradesurfer]

WOW!

Thats huge!

Great observation!

It means we are going to get a running market into April 20, 2009 !!!

[dharma]

w/3 0f 3 on deck, and the bradley on the 14th. commodities have somd giddyap today. dharma

[senorBS]

w/3 0f 3 on deck, and the bradley on the 14th. commodities have somd giddyap today. dharma

Si amigo and the tres of tres wave norte count looks bueno, but there is no allowance for any big decline here, norte trading must dominate.

NO BS

Senor

[dharma]

w/3 0f 3 on deck, and the bradley on the 14th. commodities have somd giddyap today. dharma

Si amigo and the tres of tres wave norte count looks bueno, but there is no allowance for any big decline here, norte trading must dominate.

NO BS

Senor

yes, i want to see a strong close! this action is encouraging. dharma