I am in. The good thing about adding on the bounce... less risk
because damage has been done. The big trend is broke. Although it
has been weaker than I expected, it won't go down without a
fight.
Looks like Natural gas is trying for an early bottom on the
short term charts. I am adding. Mainly because nobody believes
it.
Expect GDX to violate the
GDX
Posted by cal1 on 3rd of Oct 2016 at 12:41 pm
Expect GDX to violate the TA rules on these small rallies. It will look like a whipsaw. They won't hand it to you for free.
Yes, GDX is more prone to hand you your head...
Posted by disciple33 on 3rd of Oct 2016 at 12:47 pm
You guys are going to
Posted by cal1 on 3rd of Oct 2016 at 12:58 pm
You guys are going to hire a new president next month. It would be an understatement to say unusual market activity is in the offing.
No doubt, particularly given this bizarre election.
Posted by disciple33 on 3rd of Oct 2016 at 01:00 pm
I am in. The good
Posted by cal1 on 3rd of Oct 2016 at 01:10 pm
I am in. The good thing about adding on the bounce... less risk because damage has been done. The big trend is broke. Although it has been weaker than I expected, it won't go down without a fight.
Looks like Natural gas is trying for an early bottom on the short term charts. I am adding. Mainly because nobody believes it.
Nat gas trying for an early bottom
Posted by praetor54 on 3rd of Oct 2016 at 10:55 pm
I believe it! Bought UGAZ and HNU today. Been following NATGAS for the last month. The next 4 weeks are historically strong for NG
NATGAS
Bob Pisani reminds us that
Posted by cal1 on 3rd of Oct 2016 at 01:17 pm
Bob Pisani reminds us that gold is historically strong going into Christmas. I write this on my charts.