everywhere you hear or read how under valued the dog is, from analysts,market commentators, investors,speculators, garden boys and even the guy at the traffic light seems to know it is under valued, so why wont the frigging [email protected]%d thing move?
asylum : I'll post you an interesting Chart>>>Gold Weekly.Do note carefully the "custom" Oscillator used.Also note, the Rand/Dollar, which plunged through its support at 7.29, is going to act as a buffer for the Gold shares.Now put 1 + 1 together."When there's Blood in the Streets...."....THAT is when one buys.Gold is getting the Futures-stick for a short while...Yawwn.( and now for breakfast)
oops, here's the Site...aliencharts.4shared.com.The Chart is from a Texas trader called Dr Joe(hence, the commentary in 'Good Ole Boy' vernacular)...I circled( in Green), to show that what is happening now,did happen once before, on this Weekly...now you decide.
Serious damage being done to the 10-yr Note.We are seeing Long-term Chart breakdowns here....the Gold-price has solid support at its 200day MA($248).So,it's just a matter of time before the Long Interest Rates( Ref: $TNX) causes a serious Stock Mkt Correction....thus,Seriously wild stuff coming over the next number of Sessions...Anticipative P&F Sells and Supply signals popping up all over the place..Hopefully, a temporary fight-back by the USA will see set-ups for new Shorts...
heh...Yes,please...$648.I see the NY COT-Freaks are just blasting away again like Fleas biting the Elephant-tail...Aaaaa Swishhh ! and there they go in all directions...coming soon. HBO presents : SHORT-COVER !!- >>> with 2 Free Cokes,at Admissions Counter....Book a Seat.Bring a friend.
...and here's the Point and Figure Weekend Round-up>>>>(1) AGL still on a BUY(latest one on 31 May),but do note: 6Jun - Supply, 7Jun - Demand,8Jun - Supply = tremendous Volatility....(2)BIL still on a BUY from 7May..and these are the drivers of the TOPI(also on a BUY from 10 Apr)...## The USA gave an excellent kick to retrace 3 days of Red,meaning you WAVERS have a chance to get out of Dodge on Monday..Do use the opportunity. Conclusion: With the Trend-Leader BANK Index now on its 2nd SELL signal( 1st on 8May,2nd on 8June), we have confirmation that the Distribution at the Top(since 18Apr) is almost over,......best of, to all( yes, you too, Priscilla.Hope that Multiple Personality Disorder has an upside.Love and Kisses...Mwah ! )
hey zarp, for what it's worth i love your optimism (even it is rooted in market pessimism). the guys keep throwing the insults your way but you laugh and carry on. keep it up bro, you add flavour to the forum.