"So it would appear this is just an upward movement based on a change in fondness for the junior gold stocks which have been beat down very hard in recent months."
Who cares why RBY is up. RBY is up. And with movement comes likely upside targets.
'Good to hear from you, Larry. Your experience with portable outhouses is a big asset for this message board.'
You are now the majority of this message. You and your ensemble of #$%$.
'Don't you cheerleading tramps ever get tired of trying to prop things up?'
Don't short bashers get tired of trying to stamp things down?
'Ok, Wulf. Can you tell which reason that "tradesmarts" guy found now to explain why gold dropped below 1260s? Btw, it is strange that a great trade strategist like yourself uses web forum recommendations to plan own moves.'
I could, but you're not interested in anything but your own smug attitude.
Not down big. Likely shorts trying to lighten the load. Small sells to try to drive price down, IMO, but it's not working. This is an extreme weekly pincher play.
1.02 is fine with me. I swing trade this. I'll be adding at .84 if it gets there. And I'll make money on all shares I buy 1.08, 1.02, .84. I've never lost money trading RBY.
I actually post what I do. Who the heii knows (or cares) what you do.
If you meant me, Wolf,
RBY is nearing the bottom of it's daily uptrend channel, which is .95 today.
Tradersmarts® servicethe guy most often correct with gold numbers, has said for several months now that GC had to test mid 1260s in order to reverse.........where it's been today.
The 30 min GLD chart has a tightening pincher going on with an adx just now passing up through 50. As do other miners.
A +DI at 6.90, a -DI that ran over 60 today. All oversold indicators.
I think the miners are about to bounce. IMHO.
I've gotten my 1.08s and 1.02s and am not unhappy.
Johnny, I'm beginning to think that you do get paid for posting here.
Info worthless? Anybody buying at .70 or, even 1.14 and selling 1.65 where I gave the numbers, made money. Anybody waiting for 1.08 or 1.02 for a re-entry, where I said I was buying back will very likely make money.
Nothing you post can ever be used to make money.
Your entire entire body of posts is pure bashing.
New numbers don't come until there is a calculation for new numbers. It's coiling for a bigger move, as is gold.
My disappearance? I haven't seen myself disappear. I have clients with tight deadlines.
I don't get paid for posting here.
though seemly insignificant. Today the share price finished on top of the 34 ema for the first time since April 9th.
April 9th is the day Gen. Lee surrendered to Gen. Grant at Appomattox Courthouse. RBY may be offering the same surrender conditions to shorts...... just go home.
'4. Magical numbers
Forecast: new set
Actual: nothing came from the wizard.
Fault on you, Wulf'
Just how stupid are you, boggy?
Maybe, you should lay off the Jack Daniels at the close each day.
New numbers don't come because you arrogantly demand them.
I've noticed that your written speech deteriorates in the evenings.
Unfortunately, it appears the gap open that started the bounce will likely backfill. (Even intraday gaps want to fill eventually).
A $gold test of the 61.8% 1261 retrace may be tested.
I've given up trying to talk serious TA on this insane asylum board.
Years ago, when I worked in Manhattan, there was an old street woman who carried a suitcase full of trash and hung out in front of the 42nd St library.
She'd walk up to people and slam them with the suitcase all the while talking gibberish. She probably had Pick's Disease.
A bit like this Yahoo board.