will the current spill in the S&P be nastier than the January one?
such queries have kept me up at night lately
sleepless in wisconsin
on the cusp of a catapult out of the W-Formation Bottom
A near perfect chart even down to the timing symmetry
(the 14.40 Aug hi that I have cited in previous posts does not appear on the P&F or the Daily HLC StockCharts)
SO I'm using the 14.09 as the pivot point
14.09 ratio level
StockCharts rates with a $9.00 PO
whoever recommended it @ $5.50 failed to update us but rather assumed we are adults & if interested would do our own DD
something I assume & get criticized about
after today's breakout of the HUI above its Oct level we have a 1st!
even the HUI/AU took out the Oct hi & for a 2nd time:FACT
since the bear mkt slide began, in another lifetime, every rally attempt by the HUI failed to take out a previous hi: FACT
this rally has done it: FACT
the outperformance of the HUI vs GOLD @ 18.70% continues today:FACT
OPINION: I believe that taking out 18.70 offers the probability that we have the 20.50% level as our target as well as the Gap @ #305
so crucify me if I'm wrong
we're all adults here
I post what I see at a given time
If you are implying that I only post NEGATIVE news you don't deserve any response other than get lost and find another patsy!
"there are no free mkts any longer only manipulations" to quote Ed Steers
TODAY the $USD$ retests its AUG lo and the PPT comes to the rescue again
as I've said before L/T they trade inversely but today at the present time they are both UP
even the Japanese Yen is up strongly & the $USD$ is also up
such counterintuitive actions suggest MANIPULATION if the persist
much as AU traded counterintuitively against the news backdrop for 27 months
nothing is hard and fast any longer if it ever was
& their Chestnov stooge aren't raiding the JLN treasure every day.
3K traded 1 day?
NOTHING trade for the next 2 weeks
that's the Chestnov Effect @ Work
it took out the Oct lo @ .01576 and is working on the Aug lo @ ,01548
If mempry serves me right that corresponds with the Aug hi in AU above $1400
the PPT must be squirming for the moment but confident in their divine powers
since Feb 14,2014?
not even GLD's rise from that date to new 2014 hi's yesterday has spurred GG on
not even the HUI's marginal new hi's yesterday has spurred GG on
you have to credit the mkt's skeptical view of the OSKFF fascination
Today AU has took out it's October Hi $1361.80
GG did it week's ago but the HUI, the beetlebomb in the race, is still holding up the rear
you are positive every day
what has happened in the last 30 days to encourage new $$$?
seasonal strength in GOLD is ebbing
If we can't get another Leg to this advance now, when?
will there be any bulls left to hear it?
Another fallen Angel of the Direxion stable RUSL
a sucker born every day year after year