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Isn't it amazing that what seemed to be a disorganized collapse reversed dramatically exactly where it should according to geometry??
JA
jarek
Rep: 94
Posts: 3,474
Here are two interesting long term charts of main indexes:
Isn't it amazing that what seemed to be a disorganized collapse reversed dramatically exactly where it should according to geometry??
Isn't it amazing that what seemed to be a disorganized collapse reversed dramatically exactly where it should according to geometry??
JI
jimkane
Rep: 3,058
Posts: 33,089
C'mon, gold, get legs, give it to me. 1224.20... HOD 1225.20. 1227.50 all-time high.
ER
EricD
Rep: 63
Posts: 692
Gold has been great...one day we will come in and it will be up 100..then 200 ..then maybe people will believe.
JI
jimkane
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Posts: 33,089
So, both GS and JPM made money trading every single day of the last quarter. Yeah, right. And yet they just let them keep this up. GS makes $100 mil a day. Poor MS had four small losing days in the quarter. Those guys just don't get it. So, where does all that money come from? Like AIG, I just heard they approved what was it, $380 million in bonuses. I thought they were out of business? With $180 billion in taxpayer bailout money they are paying out $380 million in bonuses???
JI
jimkane
Rep: 3,058
Posts: 33,089
Originally posted by EricD
Gold has been great...one day we will come in and it will be up 100..then 200 ..then maybe people will believe.
I don't think they will ever believe. They just talk about how it will go down, how overvalued it is at that price, and so on, just like they say the market is going up and is undervalued, just as they said it all the way down to 666. And there's the new HOD in gold.
JI
jimkane
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Posts: 33,089
.447 and super-key line, and up the ES goes, right as gold hits the new HOD. Very bizarre. Now, let's see if the ES bounces to an expected area and rolls, or just goes straight up to a new HOD.
JI
jimkane
Rep: 3,058
Posts: 33,089
1226.60 on gold...
I just heard GS averaged $118 mil per day trading, with zero losing days for the entire quarter. Again, where is this money coming from? It has to come from somewhere.
I just heard GS averaged $118 mil per day trading, with zero losing days for the entire quarter. Again, where is this money coming from? It has to come from somewhere.
JI
jimkane
Rep: 3,058
Posts: 33,089
And 'Whump', there it is. New all-time high for gold!!!!!!!!!!! Wow. 1229.10 on the stops hit. So much for all those bears, and the Dec high being anything more than one more dip. Rock me, Jimadamus. Been saying this since December.
