only 5 stocks left on buy for pnf

could you please comment on the gdx, thanks

DSI = daily sentiment index for small traders as collected by jake bernstein...

note that sep 30 was a real downer for grains & silver so the #s are probably still lower for sep 30...note that nasdaq is pretty low also...

according to my calculations i get the following for the 5 dma:

(30+30+30+26.66+26.66)/5 = 143.33/5 = 28.666666...

and it's listed @ 28.00 on your website today

similarly for the 8 dma:

(73.33+73.33+46.66+143.33)/8 = 336.666/8 = 42.083333...

and it's listed @ 36.25 on your website today(i used 143.33 as last 5 days + 3 prior days to that) in above calculation...

one more stock turns positive today and we get a buy in gdx according to my calculations...

huylam, i don't like the looks of the $NYSI chart as it is getting near the top and the rsi(5) and cci are showing neg div now...i'm talking about the weekly chart in the long term tools using the slow stochastics behind the price of weekly chart...maybe steve or matt could give his opinion on this also as he knows alot more than me aobut this...thanks in advance steve...matt

here are the 3 steps as i understand them:

1. close above bollinger bands (done)

2. close back inside bollinger bands (may be done today)

3. close BELOW the daily price of # 2 above

http://stockcharts.com/h-sc/ui?s=$GOLD&p=D&yr=3&mn=0&dy=0&id=p83409711034

in the last 3 years, except for 2008 the 150 day moving average has been supportive...will see what happens this time...

CME just hiked gold margins by 21%, silver by 16% and copper by 18%.

http://www.zerohedge.com/news/case-closed-cme-hikes-gold-silver-copper-margins?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

usually platinum price is more than gold price & currently

gold = 1678

platinum = 1625

so platinum should outperform gold under those circumstances, no?

i don't mean right this minute, but when a buy signal come

dow was 1000

sp500 was 100

matt or steve, doesn't this seem highly unlikely?

thank

bump up

for instance, mon 19th shows dow red 35, sp red 45, nas green 55 & russell blue 50...

please excuse my ignorance...thanks in advance

the 8 dma > $BPGDM unless we get another stock to go on a buy signal

currently 8dma = 73.75

BPGDM = 73.33

whipsaw city

the 5 day moving average is 72.67 and gdx is at 73.33...the 5 day moving average changed today from 74 to 72.67...

here is a quarterly chart of sp500 with commercial cot and large trader cot...in 1994 the commercials had a high level of positions and the market went up & up...in 2007 the commercials had a higher level of positions and the market went down & down...now the commercials have a higher level of positions...we will know what happens in time, but there is no way of telling based on past history imo...

here are some graphs of the hui (unhedged gold fund) with the following annotations:

1. arrow denoting 1st day of fed meeting

2. rectangle with date and % of BPGDM on that date

3. percent moves up/down

so if we go down into that meeting, then we may rally for a bit...

btw, the gdx follows the hui closely

Russell puts alot of credence in what they say and they were bearish during the last debacle that took us down to 666 in sp500...i don't know how bearish they are now, i'm not saying it's incredibly bearish, just that their indicators JUST turned bearish...

Note -- Lowry's Selling Pressure index has risen far enough so that Lowry's has issued a
sell signal for its subscribers.