Edited by JGUITARSLIM, 12 August 2010 - 09:32 PM.
the board is back
#11
Posted 12 August 2010 - 09:25 PM
#12
Posted 13 August 2010 - 09:23 AM
Edited by dharma, 13 August 2010 - 09:25 AM.
#13
Posted 16 August 2010 - 09:15 AM
#14
Posted 16 August 2010 - 09:38 AM
Hi Dharma,coming into the indian buying season
today is the full moon. =full moons are highs , new moons are lows
1213 ends the cycle
1229 breaks into the next cycle
1224 is nice , but it is in no mans land until we break into the next price cycle
i bought the lows , on oversold divergences on my hourly charts
and am waiting, forever waiting for price appreciation.
dharma
I have the full moon as next Tuesday August 24th.
http://www.fullmoon....n-calendar.html
Does that change your analogy? Thanks
TM
#15
Posted 16 August 2010 - 10:03 AM
oppps you are correct . it means the market usually goes up into the full moonHi Dharma,coming into the indian buying season
today is the full moon. =full moons are highs , new moons are lows
1213 ends the cycle
1229 breaks into the next cycle
1224 is nice , but it is in no mans land until we break into the next price cycle
i bought the lows , on oversold divergences on my hourly charts
and am waiting, forever waiting for price appreciation.
dharma
I have the full moon as next Tuesday August 24th.
http://www.fullmoon....n-calendar.html
Does that change your analogy? Thanks
TM
dharma
#16
Posted 16 August 2010 - 10:58 AM
oppps you are correct . it means the market usually goes up into the full moonHi Dharma,coming into the indian buying season
today is the full moon. =full moons are highs , new moons are lows
1213 ends the cycle
1229 breaks into the next cycle
1224 is nice , but it is in no mans land until we break into the next price cycle
i bought the lows , on oversold divergences on my hourly charts
and am waiting, forever waiting for price appreciation.
dharma
I have the full moon as next Tuesday August 24th.
http://www.fullmoon....n-calendar.html
Does that change your analogy? Thanks
TM
dharma
Dharma,
Regarding your cycles..so if gold slipped down to 1213 then would that mean the old cycle isn't done yet? And if it touches 1229 we are in a new cycle. Is that the idea? I agree about gold right now proving itself for the short term. Aug 21 plus/minus 3 is Merriman's next turn date for metals and the market..which would coincide with the full moon too. In Meriman's forecast book he said to buy the low in gold to run into the Indian season. The only question is have we seen the low which was around 1170 for August. You would think so but I have seen a lot of distribution in gld as it climbed since then...perhaps it's more disabelief but I have also seen some weird intraday drop action too. Yet it keeps coming back.
Gold definitely has been in a compressed trading range..and something is going to pop soon..up or down is the question..I would think like you into the full moon too. I have a long term position and can't play the short term right now because I have better things to do like celebrating my 30th wedding anniversary at Niagara... But I"ll wait for the pullback if there is a run up. Good luck on your trade. Thanks for your insights.
TM
#17
Posted 16 August 2010 - 11:23 AM
i work like this . my time cycle tops in october. all else is for entertainment. when the market gives signs. ie. oversold w/divergences i buy. when time is up. i sell 10-15% . @some point i do think there will be a larger correction. that will mark a change in the market. by that i mean i think the banksters will be fully long and we have entered the 3rd and final phase. w/time cycles it is very difficult to know which harmonic is dominating and when. this market has established a rhythm which it is and has been working from. will that change. i dont know but , i suspect it will. and when it does, i may just retire my trading hat and just stay all in. fundamentally, sovereigns all have more debt then they can ever pay off. its all a dodge city front. once i went to a restaurant in st. maarten , it had a beautiful front door and when you opened it there was no back to the restaurant , it was open and viewed the beach. this economy world wide has a beautiful front door, w/no backing. its all awash in debt. the public is uneasy , in debt, and starting to question everything. obama seemed like the peoples choice and he promptly gave tarp to the perpetrators of this mess. and he lost the people and it didnt take very long.oppps you are correct . it means the market usually goes up into the full moonHi Dharma,coming into the indian buying season
today is the full moon. =full moons are highs , new moons are lows
1213 ends the cycle
1229 breaks into the next cycle
1224 is nice , but it is in no mans land until we break into the next price cycle
i bought the lows , on oversold divergences on my hourly charts
and am waiting, forever waiting for price appreciation.
dharma
I have the full moon as next Tuesday August 24th.
http://www.fullmoon....n-calendar.html
Does that change your analogy? Thanks
TM
dharma
Dharma,
Regarding your cycles..so if gold slipped down to 1213 then would that mean the old cycle isn't done yet? And if it touches 1229 we are in a new cycle. Is that the idea? I agree about gold right now proving itself for the short term. Aug 21 plus/minus 3 is Merriman's next turn date for metals and the market..which would coincide with the full moon too. In Meriman's forecast book he said to buy the low in gold to run into the Indian season. The only question is have we seen the low which was around 1170 for August. You would think so but I have seen a lot of distribution in gld as it climbed since then...perhaps it's more disabelief but I have also seen some weird intraday drop action too. Yet it keeps coming back.
Gold definitely has been in a compressed trading range..and something is going to pop soon..up or down is the question..I would think like you into the full moon too. I have a long term position and can't play the short term right now because I have better things to do like celebrating my 30th wedding anniversary at Niagara... But I"ll wait for the pullback if there is a run up. Good luck on your trade. Thanks for your insights.
TM
w/o rambling on. its a bull market and it will end the way bulls end
dharma
#18
Posted 17 August 2010 - 09:36 AM
Edited by dharma, 17 August 2010 - 09:38 AM.
#19
Posted 17 August 2010 - 12:13 PM
johngeorge
#20
Posted 18 August 2010 - 09:40 AM