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...
RO
roofer
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B- when i posted the FCX chart way back when it was accompanied by a 5 min and 60 minute to show the detail... i was trying to get a group of gold crazies to look at the technicals and perhaps i went over board...but yes the downside is 10.... the chart of GLD this week traded to the medianline that had been in place since october... if that line gives way the next line of that set is100 and a move to there would precipate washout moves to targets that are on all long term charts of metal stocks...
RO
roofer
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the red line green set looked good this morning ...as always the completion point of of the abcd into 382/447 box was marked... when price turned there the odds of the trade working dropped to 15%...when price hit new high... chart was added to the archive pile..
JI
jimkane
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Yes, we are indeed kicking some a#%age (rhymes with 'passage').
Originally posted by rat89
this forum is kicking *ss this week
RA
rat89
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I have my eye on the 1.128 - 1.27 area around the lower line to set up a strong move up....if we get it, it should be fun
Click image for original size
JI
jimkane
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Gold just exploded as it caught all the stops for the range. It's now up over the 100 that I thought it might. It looks like it could really head up. I'm thinking just under 1600. That would be a nice almost 300 pop off the lows. We'll see.
RA
rat89
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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.....