Posted by shamutooth on 15th of Dec 2009 at 10:49 am
No,stochs have nothing to do with the strategy. I'm still
working on strategy and how it relates to shorter time frames
before I post parameters. It's pretty nice in the fact that it
captured most of last years destruction and the rally this
year.
Posted by shamutooth on 11th of Dec 2009 at 03:49 pm
The markets have been acting as every market has post bubble,
which is all asset classes move together.It's been the trend for
most of this decade so when there are some who think the trend has
changed because of the last 3 days of $/GM strength I have a
hard time rationalizing that. The trend is your friend:)
Posted by shamutooth on 11th of Dec 2009 at 03:06 pm
With the pressure on gold right now which has been w/o a doubt
the leader off the bottom,it's amazing to see the complacency that
market investors have.IMO,if gold has now topped the rest of the
market cannot be far behind. Gold needs to turn ASAP to
maintain bullish bias.
Posted by shamutooth on 4th of Dec 2009 at 11:03 am
I think all the excitement is the bearish divergence playing
out. Gold has been the liquidity leader for a year now,and it may
lead to a more meaningful top in the GM's if it continues to play
out.
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Great article,from a former IMF ecomist
Posted by shamutooth on 5th of Jan 2010 at 08:23 am
http://www.theatlantic.com/doc/200905/imf-advice
If C is equal to A pricewise
Posted by shamutooth on 29th of Dec 2009 at 03:57 pm
And this is an ABC correction up,Spy should be close to topping out.Not sure of how time symmetry works out in EW,but C is very close to being 2X A.
Hmmm,rather strange that they would
Is it time to buy DRYS, DSX, GNK... all P&F buy signals Here's why...
Posted by shamutooth on 28th of Dec 2009 at 02:59 pm
Hmmm,rather strange that they would announce their purchases so they have to pay more,dontcha think!?
Rumblings of something ugly
Posted by shamutooth on 24th of Dec 2009 at 10:53 am
http://www.zerohedge.com/article/sprott-calls-fed-ponzi-scheme-half-trillion-treasury-purchasers-are-unaccounted
It's been on fire lately.
Gold short term
Posted by shamutooth on 22nd of Dec 2009 at 12:29 pm
It's been on fire lately.
Gold short term
Posted by shamutooth on 22nd of Dec 2009 at 12:13 pm
GDX jumped on support at yesterday's low,and my GLD strategy just gave a buy signal.Could be a nice bounce here.
1987?
Gold targets H&S
Posted by shamutooth on 22nd of Dec 2009 at 11:39 am
1987?
Gold longer term
Posted by shamutooth on 22nd of Dec 2009 at 11:19 am
If it gets to these support areas,I think it could be a super buying oppurtunity.Ditch's RR tracks projection is certainly a valid one,IMO
GLD
Posted by shamutooth on 18th of Dec 2009 at 01:06 pm
Nice trendline and 50 EMA support today
They're actually blue,but yes.
GDX Strategy
Posted by shamutooth on 15th of Dec 2009 at 11:06 am
They're actually blue,but yes.
No,stochs have nothing to do
GDX Strategy
Posted by shamutooth on 15th of Dec 2009 at 10:49 am
No,stochs have nothing to do with the strategy. I'm still working on strategy and how it relates to shorter time frames before I post parameters. It's pretty nice in the fact that it captured most of last years destruction and the rally this year.
GDX Strategy
Posted by shamutooth on 15th of Dec 2009 at 10:29 am
Work in progress,but very easy to trade daily chart. Catches the highs nicely.
The markets have been acting
Gold,liquidity leader
Posted by shamutooth on 11th of Dec 2009 at 03:49 pm
The markets have been acting as every market has post bubble, which is all asset classes move together.It's been the trend for most of this decade so when there are some who think the trend has changed because of the last 3 days of $/GM strength I have a hard time rationalizing that. The trend is your friend:)
HAHAHAHA! Yea,we're back to the
Gold,liquidity leader
Posted by shamutooth on 11th of Dec 2009 at 03:20 pm
HAHAHAHA! Yea,we're back to the 1990's!!! You make my point loud and clear=Investor complacency.
Gold,liquidity leader
Posted by shamutooth on 11th of Dec 2009 at 03:06 pm
With the pressure on gold right now which has been w/o a doubt the leader off the bottom,it's amazing to see the complacency that market investors have.IMO,if gold has now topped the rest of the market cannot be far behind. Gold needs to turn ASAP to maintain bullish bias.
I think I prefer Bernanke
Bernanke my hero,
Posted by shamutooth on 7th of Dec 2009 at 01:49 pm
I think I prefer Bernanke and Geithner,because the replacements would probably be Jamie Dimon and Larry Summers.
USD
Posted by shamutooth on 4th of Dec 2009 at 02:03 pm
Extremely strong. Has not sold off like the previous 2 times it hit 50 MA.
I think all the excitement
Gold stocks dumped on UNBELIEVABLE volume
Posted by shamutooth on 4th of Dec 2009 at 11:03 am
I think all the excitement is the bearish divergence playing out. Gold has been the liquidity leader for a year now,and it may lead to a more meaningful top in the GM's if it continues to play out.
Cuz Heli Ben is back
dollar vs s&p
Posted by shamutooth on 4th of Dec 2009 at 09:00 am
Cuz Heli Ben is back at work today,frantically pushing the ES buy button even as the USD spikes,LOL
USD spiking
Posted by shamutooth on 4th of Dec 2009 at 08:40 am
and gold losing some important supports. Maybe it will finally correct?