See the article on kitco titled
Have the Miners Bottomed?
However, if the market is able to move through the 15.01 level, it would invalidate that (1)(2) downside set up, and be the first indication that a long term bottom has been struck
I knew it !
Monday AM will be too late to COVER as FED will be out before Monday AM to SOOTHE the markets !
they will be out before you can COVER on MONDAY morning !
SHORTS WILL GET SMOKED !!!!!!!!!!!!
were you snookered ?
but to help the BANKS that have loans out to these companies !
You if you are smart will GO ALONG for the RIDE !!!
this is good for the shorters !
am should be very good for Hecla longs !
notice how the typical FRIDAY drop is NOT occuring anymore ?
the central banks are in real trouble now and their only solution is more STIMULUS !
QE4$ is coming to a THEATER near you !
MAYBE this time the COMMON man gets some as there are not enough 1% people and wall st bank execs to hold up retail sales !
It was hard and I still missed the bottom by quite a bit but I think we are finally on our way !
140's are coming again Goldman deep down you know I am right Citi just told you no escape from the BLACK HOLE left from exiting FED STIMULUS 4.5 TRILLION of it and a hugely OVERPRICED STOCK MARKET !
capitulation is coming for apple soon imo !
'89.xx will be tested !
this is going to test the 80's it has to go under 92.00 as this was the low it was at BEFORE the CATASTROPHIC warning !
the number of thumbs down I got is a contrarian indicator that implies you are all in and this means everyone is on one side of the trade and will lose you will remember I told you this as who will buy your shares when you want to sell !
walmart is closing stores and raising pay and at the same time retail sales are negative and how do you expect this stock to go higher ?
it is 67.17 now lets see where it is in 30 days !
I will reference this post to prove to you I know what I am talking about !
DATA CRM WDAY AMZN DECK PANW RDEN
(you have to see this to belieive it look at them !)
HI TECH stocks getting taken out to the woodshed !
Retail Sales are collapsing !
Kohls and Ralph Lauren fell 15% yesterday !
and more today !
look at how much these stocks are dropping !
Do you or anyone you know PLAN to buy an iphone in the next 60 days ?
More than last year ?
The magnitude of the drops is ominous look at tableau (DATA) look at the rest of them this is
a huge correction of most stocks that are not on the dow index as the dow index is the last one to fall
the bear is making his rounds and he has gotten precious metals, oil and gas energy pharma now high tech
consumer non durables on the dow that are hugely overpriced with pe ratios 3 or 4 times their growth rate will get taken down next as mcdonalds and home depot are finding out MMM you are on deck imo !
you are 153.88 now
I will reference this post in a few days to prove to you I know what I'm talking about !