bottom fishing
#21
Posted 08 January 2014 - 03:00 PM
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#22
Posted 08 January 2014 - 03:23 PM
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#23
Posted 08 January 2014 - 03:39 PM
#24
Posted 08 January 2014 - 04:07 PM
#25
Posted 08 January 2014 - 04:19 PM
#26
Posted 08 January 2014 - 04:36 PM
well I think the lack of belief or excitement in the possible further upside is IMO a positive, some gold stocks and indices/ETFs do look like 5-wave rallies off their lows IMO, not that way is all cases however
Senor
The low volume as semibizz (still-in-bizz lol) pointed out is not a good sign, what we need is a capitulation, where the up volume is huge, where it hits you on the head with a hammer leaving no doubt it ain't goin' lower.
This signal was generated in the spring of 2012, it has recently given further confirmation, the signal is quite clear, no denying it in my view.
http://1.bp.blogspot.../GDX Gold Miner
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#27
Posted 09 January 2014 - 10:32 AM
#28
Posted 09 January 2014 - 11:52 AM
#29
Posted 10 January 2014 - 09:47 AM
looks to me kike near term secondary/corrective lows in the miners are occurring this morning, I added a little.
Dharma, I think Platinum and Palladium as well have made a huge secondary low the past few weeks as well and it has had a very good rally, copper looks good bigger picture as well, so I do see all the metals in sync, with gold and silver likely the laggards "for now".
Senor
no excuses near term as we should rally hard, yesterdays miner lows should have completed near term wave 2 or B bottoms and we should now rally above recent recovery highs, I will likely stop half of position at yesterdays lows contingent upon price patterns.
BSing away
Senor
#30
Posted 10 January 2014 - 12:16 PM
looks to me kike near term secondary/corrective lows in the miners are occurring this morning, I added a little.
Dharma, I think Platinum and Palladium as well have made a huge secondary low the past few weeks as well and it has had a very good rally, copper looks good bigger picture as well, so I do see all the metals in sync, with gold and silver likely the laggards "for now".
Senor
no excuses near term as we should rally hard, yesterdays miner lows should have completed near term wave 2 or B bottoms and we should now rally above recent recovery highs, I will likely stop half of position at yesterdays lows contingent upon price patterns.
BSing away
Senor
as you said senor its tricky out there. i see bottoms in some issues and others are in the process of bottoming. such is the nature of the process. i am in the camp, show me. martin is still calling for a low http://hwcdn.libsyn....6733e0de45e2807
right here right now , the world has reached a nirvana economic state. crude oil is falling, the dollar is rising. interest rates are low, stocks are rising. what else could you ask for? not the environment where gold thrives. yet there are many entities circling the drain.
i want to have some cash. which is also a position. we are close here from alot of different factors. but there could be one more spike, there doent have to be. all i am saying is be prepared
dharma
http://www.cnbc.com/id/101319783
Edited by dharma, 10 January 2014 - 12:19 PM.