When the music does stop, it is looking increasingly like JP Morgan will be without a seat.
Sentiment: Strong Sell
The big report tomorrow should get us a couple of hundred points toward it Joey . I`m right there with you .
Sentiment: Strong Buy
So we supposed to bet our money on your interpretation ? I think not . The market is going up whether you believe the numbers or not .
C T got the turning point to the day , yesterday was a minor movement in the unfoldment of short term price behavior in the gold market .. He may have gotten the direction wrong but who is perfect .. Use him for a contrary indicator if you want but I would bet you would lose more money betting against him than you would running with him ..
12-17-05 will be the end of an economic contraction that we are easing into right now .. A major movement into the contraction occurs on november 8th 04 , it should be apparent to everyone by then .. Just my opinion .
You are going to see lower long term interest rates for the rest of this year in my opinion .. In 2005 you will see a rise in those rates and an accelleration in inflationary pressure .. The economy will also be contracting thru out 2005 .. It wont be pretty for economic statisticians in my opinion .. 12-17-05 is when the worm turns ..
Was your question about helio cycles or dates of correllation ? Helio cycles are based on proprietary development and are still works in progress regarding my own understanding of what I have developed .. They are based on what I learned from Robert Zoeller , he wrote a book in 1947 called The arabic parts in astrology, a lost key to prediction .. Zoeller emphasises the metaphysical basis of the parts .. I decided to skip the parts and focus on the metaphysical basis , it appeared to be a shortcut for my purposes .. The delineation of the parts was a distraction and unnecessary digression to me .. That led me to discerning a repeating pattern of unfoldments via a cycle called the Saros cycle .. The date july 29th needs to be viewed within the context of that cycle to be utilized .. Sorry I didn`t make that clear in my last posting .. Synthesis is necessary between various cycles in action that are similar , recurring but never the same ..
C.T. may be right in my poor opinion . I use proprietary cycles others discovered before me but didn`t tell anybody .Who gives away the secrets of the universe ? The cycles are timing cycles I call helio cycles . The timing is always exquisite , my interpretation of dynamics and direction isn`t ..However , I think I`m onto something significant in the gold cycle .. It is the easiest cycle I have worked with because it has the least variables and most seasonal consistency .. Look at the date july 29th over the last 10 or 15 years and you will observe that more often than not it is a low point , in other words for the rest of the calendar year it stays above that july 29th price .. That date is harmonious with the principles of helio cycles .. That is why I`m sharing my thoughts with the board .. I`m one of those guys always seeking information but fearful of misleading others with too much enthusiasm .. Good luck and remember I am just sharing an opinion ..
Mortgage activity is down because unsold inventory is as low as ever on record . 4.1 weeks . There wont be any collapse . I. B. M. may correct fast and hard over the next week , if it does it`s a buying opportunity in my estimation . Forget about collapses , think about inflation driven sectors prospering from current conditions .
Amen to those sentiments . The gold market appears to have corrected and put in a climactic bottom last thursday .Cyclical unfoldment indicates a senior sector correction beginning monday that will culminate feb. 20 . Gold bugs are in the drivers seat for the next 3 weeks in my opinion .
Now they can get up early and fight for a place in the 7/11 parking lot and maybe get a job .They`ll have to sharpen up on their language skills though .
This is very interesting, I`m glad you guys brought this up .I was not aware of this .My considerations are primarily cyclical . This info may help me with my puzzle ,conditions, movements and events .
That`s what I been tryng to tell my relatives, but you stated it much more clearly and succinctly than I ever could have . Thanks for your thoughts .