I'll start the topic for this week with this:

http://www.zerohedge.com/news/2013-04-12/eight-wtf-divergences

I'm expecting some great action, and always on the lookout for the 'top' to be in place. Here, early summer in the 1600's, year end at 2000, who knows. But I suspect it will be one of them. Maybe not. I'll just be reading the clues and finding the setups. That's what I do best, I think...

I have a large pile of stuff coming together in GDX at around 29, with the best time factor this upcoming Friday. The level is more important here than the time factor, since this is coming from the weekly chart, and the time is 'any time now'. The 'center' of the time factor is say Friday. Just something I am keeping an eye on, as they monkey hammer pile drive the PM's and the miners.

Yep, 27-29, with more emphasis on the area around 29 and just below, this has my interest in a big way.

The Euro stopped at a very interesting spot. Given it retraced .382 on the way up on the daily time frame, the reaction of the bullish ABCD may be over now.
Just watching this one.

Gold and silver dropping nicely. Recall I am watching gold around 1350 area (43-71 is the entire range). Silver, well, you've seen the chart you all know I want to see a 19 handle. And if I'm really dreaming, give me gold under 1,000. I'd see that as a back the truck up opportunity...

Nah, this won't matter...

http://www.zerohedge.com/news/2013-04-14/five-fund-flow-charts-every-japanese-stock-investor-should-see

Any reaction of this asterix?

it is always telling the timing of inverse splits... price needs to be taken up so that the professionals can short again,,,recently, as price approached zero, NUGT underwent a reverse split so that the pros could drive it to zero again...

my view of the oligarchs that run the show is that of the gods on mt olympus watching us from above for their own amusement.at this juncture my thoughts turn to speculating on what their next BIG move will be... in wondering, my thought turn to the peak of the internet bubble where within one week the 18 month bear in utility stocks bottomed and began a multi decade run as the NAZ topped..

Let's hope it is different this time!

Originally posted by roofer

OFF TOPIC-since 1988, in 22 of the 24 springs, i have had crippling back blowouts where i can not walk for a few weeks( in one of the two that it did not happen, i broke my back!)always in the first cold spell after the first warm up.... that is tomorrow...i shall see.....