i'm not saying to catch a falling knife, i'm saying that we should be vigilant for some sort of a sign for a reversal...thanks for that info about the symmetry also...

matt/steve,

here is a show of feb gold today and volume has been huge with four consecutive hours having following volume, 34k, 32k, 25k, 25k and now still open for next hour...

gold topped oct 5 and after 3 months (jan 5) 84% of all corrections have been complete in the history of gold and the DSI(daily sentiment indicator) was 9 yesterday for gold, so it should be lower today...

basically, i think we need to look for a good entry point for a possible significant rally...

your opinions are more than welcome

matt said he would go over TBT on the commod newsletter this weekend which is 2x short of the 30 yr bond

FIGO, here is a chart of gold in the cycles that you are talking about

the little green triangles at the top of the price indicate a new closing high in the last 21

months

it looks very similar to the cycle from 2008 to me

the reason i stopped at 20 months in 2013 is because june is usually a poor month for gold but may can produce a high

looks like it lost about 4 stocks on point and figure...

it seems to me that the TBT should have been down yesterday, but was up and it's up again today at this point...could you look at a chart of TBT and give me your opinion?

thanks in advance

the Daily Sentiment Index for the US$ is getting to levels that are very rare and there should be a bounce coming in the near future...next week maybe?

http://blogs.decisionpoint.com/chart_spotlight/2012/09/20120907cs.html#more

would you short ERY when ERX goes long also?

http://stockcharts.com/h-sc/ui?s=$BKX&p=D&yr=0&mn=6&dy=17&id=p09050321333

if banking index does roll over wouldn't that mean no qe3 in the near future?

the plat miners are striking and some of them were gunned down by soldiers on thursday...